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Leagues and Governing Bodies

British Cycling Approves Governance Reforms, Will Retain £43M In Funding

British Cycling will retain £43M ($55.9M) in public funding after its national council "approved governance reforms in an extraordinary general meeting," according to the BBC. A 75% majority was required to pass the changes "demanded" by U.K. Sports Minister Tracey Crouch to make governing bodies "more independent and diverse." As part of the deal, a board place will be created for the 10 English regions. Sport England allocated £17M ($22.1M) to British Cycling to "boost grassroots participation," while UK Sport is set to invest £26M ($33.8M) for its Olympic and Paralympic teams' preparations for Tokyo 2020. The reforms included an increase in the number of "openly recruited" independent board members from three to four and an independent chair. They also included a limit for directors of three three-year terms, with six of the eight elected members on the current board "being forced to stand down" (BBC, 7/22).

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