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EuroBasket 2013: GB face funding cut after defeat by Ukraine

"An 87-68 loss to Ukraine in their final group game in Slovenia ruled out any chance of progression in the event. After London 2012, British Basketball appealed against funding body UK Sport's decision to cut its funding. But in return for their ongoing backing of up to £7m, UK Sport demanded at least a top-six Eurobasket place. The British women's team suffered a similar fate in June's EuroBasket when they could not produce a top-eight placing - the minimum requirement demanded by UK Sport. Both the men and women received an initial one-year's funding from the £7m pot, with future installments dependent on how they performed at these competitions....UK Sport's annual review - where they'll consider GB Basketball's funding - will take place at the end of January 2014." Basically Joel Freeland's decision not to compete this summer could result in less funding for the program because of a poor showing.

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