Olympics 2024: Sir Steve Redgrave criticises World Athletics' move to give prize-money to gold medallists

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Olympics 2024: Sir Steve Redgrave criticises World Athletics' move to give prize-money to gold medallists
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Sir Steve Redgrave has said decision to give prize money to gold medallists in track and field is unfair to other sports that cannot afford to do the same.

Five-time Olympic rowing champion Sir Steve Redgrave has described World Athletics' decision to give prize money to Olympic gold medallists as unfair to other sports that cannot afford to do the same. Athletics became the first sport to offer prize money to Olympic champions when WA President Sebastian Coe announced on Wednesday that gold medallists in Paris this year will each earn $50,000 .

Redgrave, who won five successive Olympic gold medals between 1984 and 2000, said the prize money plan would turn the Olympics into a 'two-tier' system. 'If you win an Olympic gold medal in any athletics event, you are able to earn substantial financial gains from those results,' the 62-year-old told the Daily Mail in an interview. 'It smacks a bit hard for the sports that can't afford to do this. Rowing is in that situation.

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