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He does make a strong case that none of this year's many British victories are related to the enormous amount of money thrust into developing sports people in 2004-2012 ahead of the olympics (when the current crop of stars would have been ~10-25 and heavily engaged with youth sports programmes.)
Oh, no, he just dismisses it out of hand as a possibility. Good journalism there.
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I have no idea what the case is there either way, as I don't care much about elite sport--I posted it because I remember well the claims that funding the Olympics would increase participation in sport and boost public health generally. I didn't believe it then and I wouldn't believe it now if someone made a similar claim about another public wastefest draining public money.
The world is full of surprises ...
https://www.theguardian.com/sport/blog/2016/jul/22/london-2012-was-a-gigantic-waste-of-time-and-money