For those who have enjoyed the Olympics, Yahoo! has posted a fascinating report of the investments Britain made in each sport, and the return on those investments.
As a result we can see a pattern of funding for each medal won.
In the build up to the Olympics, over £190 million of funding was pumped into Team GB sports, which averages out to be around £10 million per Gold Medal and just under £4 million per medal, based upon the fact that we won 19 Golds and 47 medals in total.
Of these, the cheapest medals are for Cycling at just over £2 million per Gold and the most expensive is Athletics at £20 million per Gold Medal.
Generally, the cheapest sport for a medal is Cycling again, at £1.25 million each, versus the £7 million invested to get a Bronze in Gymnastics.
Meanwhile, £7 million in Badminton and over £8.5 million into Hockey returned a zero sum gain.
budgeting for the Games in 2012, about half-price compared to China’s £20
billion ($36 billion), but more than Athens in 2004 (£7 billion, $13.5 billion).