BOA seek new chairman
The British Olympic Association will start a search for Lord Moynihan's successor
The search for a new chairman of the British Olympic Association starts on Tuesday after Lord Moynihan announced he was stepping down from the position.
Moynihan, who helped steer Team GB to 29 golds and third place in the medal table at the London 2012 Olympics, wrote to the the BOA executive board, the National Olympic Committee and the BOA advisory board to confirm his decision. He intends to stay on as chairman until an election is held in November to find a successor.
A BOA spokesman said: "Lord Moynihan has decided that he is going to step down as chairman of the BOA once a successor is elected to the position later this year."
He revealed that his priorities include a smooth handover to his successor and ensuring there is a strong sports policy so the momentum from the Games is not lost.
In his letter, Moynihan wrote: "Firstly, I want to congratulate you all on a magnificent Olympic Games and to thank you for all that you have done to ensure their success.
"The last two weeks have united and inspired the whole country and have surpassed all expectations. I am enormously proud to be able to say that with your help, Team GB has not only succeeded at London 2012, it has excelled.
"The years of hard work and preparation undertaken by everyone at the BOA have paid historic dividends through the delivery of so many outstanding personal bests by our athletes. After their incredible performances, securing an historic third place for Team GB in the medal table, the 541 athletes of Team GB truly deserve to be called our 'greatest team ever'.
"The Prime Minister's announcement that funding for our Olympic athletes is now guaranteed for the next four years in the run-up to Rio represents the successful culmination of our campaign for secured lottery funding.
"It means our athletes' success in Beijing 2008, now built on and furthered during London 2012, can be carried forward with renewed confidence in Rio 2016.
"As a result of the success of Team GB, the reputation of the BOA, its staff and volunteers is rightly at an all-time high. We now have a unique opportunity to capitalise on this success and to build a stronger and even more victorious team in the future."
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