Visitors to these pages will know that since questioning Andy Burnham’s now-infamous Medal Hopes announcement last year, I’ve written several posts on the issue’s evolution. So, with Team 2012 having risen last week like a phoenix from the ashes of Medal Hopes, it seems only appropriate to mark the issue’s apparent resolution with a few observations.

1. Team 2012 should not have been necessary

Let’s remember that the budget problem Team 2012 is designed to help solve was created by the Treasury in 2006. Let’s also remember that the problem was then exacerbated by two years of DCMS inaction, and finally exploded by the obvious flaws in Fast Track’s Medal Hopes ‘plan’ – memorably described by the BBC’s Matt Slater (author of a number of excellent blogs on the subject) as being ‘up there with Baldrick’s finest’. Quite a contrast with the Vancouver 2010 Own The Podium programme, launched in 2005 with adequate national and regional Government funding and a joined-up long-term plan.

2. The launch of Team 2012 is a triumph for LOCOG and UK Sport

Given the mess they inherited from DCMS and Fast Track, this is indisputable. Consider the list of their achievements: uniting the various stakeholders; creating a new property; resolving (apparently) the incendiary issue of elite Olympic athletes’ image rights; and persuading global Olympic sponsor Visa to come on board as Team 2012’s ‘Presenting Partner’ for £10m to start the fundraising.

3. Visa: sponsorship – or patronage?

I use the term ‘fundraising’ advisedly. Team 2012 is unashamedly a fundraising initiative designed to dent the shortfall in our Olympic sports’ budgets for London 2012, and increase Team GB’s chances of success: the official press release talks of nothing else. In which case, is Visa’s role more about patronage (financial aid with little or no expectation of ROI) rather than sponsorship (a win-win marketing partnership)? Don’t misunderstand me: I wish Team 2012 and Visa the best of British. But getting a meaningful return from this particular £10m investment looks like a big ask.

4. Sponsorship is not the only answer to the budget problem

A month after Andy Burnham’s original Medal Hopes announcement, I began advocating that any replacement programme should also incorporate innovative non-sponsorship fundraising models that had evolved elsewhere, such as Team Business West Midlands and the Vancouver 2010 Patron’s Programme. It’s good to see that this approach has been built into Team 2012, in the shape of the SME Club and the Official Donor programme.

By Tim Crow on October 7th, 2009

Tags: DCMS, Default, London 2012, London 2012 sponsorship, London 2012 sponsorship consultants, Olympic sponsorship, Olympic sponsorship consultants, Synergy, Team GB

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