Sky leaving is nothing, check out Jess

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  • RichN95.
    RichN95. Posts: 27,262
    Blazing Saddles wrote:
    RichN95 wrote:
    Blazing Saddles wrote:

    Without going into specifics, you are correct in as much that there are several tiers of funding, dependent upon which programme a rider is on. The simple outline can be found here.

    https://www.britishcycling.org.uk/riderroute

    Plus top riders can have, what I would describe as modest, sponsorship deals.
    Obviously some less modest than others.
    Surely some have deals that aren't modest at all - like Wiggins in 2016. The Kennys must do OK for themselves. And the likes of Froome and Thomas are officially on the podium programme but obviously don't get paid a penny.

    I was surprised by the size of Varnish's deal with Boots(?)

    Sure, but those guys are in a league of their own.
    Modest is a relative term, I suppose.
    Definitely not pocket change, but I meant when compared to other sports and other deals.
    I think I misinterpreted what you originally wrote. I thought you were suggesting that BC put a limit on what they were able to earn external. I now see you probably weren't.
    Twitter: @RichN95
  • lyn1
    lyn1 Posts: 261
    It's a bit more complex than some posts are suggesting. Athlete Performance Awards (APA) are not necessarily free of income tax. That will depend on whether the athlete is seeking to make a profit from the activity, loosely defined as seeking to carry out a trade or profession. This will be influenced by the source and amounts of income generated in addition to the APA (if any).
    Furthermore, the APA may be received by an athlete in full, in part, or not at all, depending on the total of APA plus other sources. I seem to recall a ceiling figure in the region of £80k, but would not swear to it. For example, the guys on the last published Olympic Road Podium list, Doull. McLay, Rowe, Thwaites, Froome, Thomas, Swift, Stannard would get nothing.

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