Cycling "could be lost to an entire generation" if £43M ($55.8M) of public funding is withdrawn, British Cycling President Bob Howden said, according to the BBC. The organization's National Council will vote on new reforms at Saturday's extraordinary general meeting. The reforms are "needed to meet a new code of conduct for sport governing bodies -- and those which fail to adopt it could lose their funding." Howden said, "We must decide how we want our sport to look in the future. We can choose to be a sport which has a leading role in the public life of this country, or we can choose to turn the clock back 30 or more years." His statement comes after former British Cycling CEO Peter King said that he "expected the proposals to be rejected by the National Council," which represents 130,000 members. Sport England has allocated £17M ($22.1M) to British Cycling to "boost grassroots participation," while UK Sport is set to invest £26M ($33.7M) for its Olympic and Paralympic teams' preparations for Tokyo 2020. But its continued funding "now hinges on complying" with U.K. Sports Minister Tracey Crouch's governance code (BBC, 7/19).