Nicholl - Some sports will lose funding
Sports such as volleyball and handball could see reduced funding
Liz Nicholl, the chief executive of UK Sport, has confirmed that some Olympic sports will lose their funding in the wake of London 2012.
The government has pledged to invest Â£508million of exchequer and lottery money into sport over the next four years, virtually the same amount that funded Britain's success in London.
But UK Sport's "no compromise" policy means only those sports which can demonstrate they will qualify for the 2016 Rio Olympics are likely to receive any of that money.
The final decision will be made in December, following a period of review, with the new funding cycle starting in January. The policy is expected to hit sports such as handball and volleyball, which had benefited from receiving host nation places at London 2012.
"We will not be able to fund each and every sport that we funded this time round," Nicholl said. "We will invest in every sport that has medal potential. The sports that are very likely to multi-medal will be our top priority."
UK Sport's policy places sports like volleyball in a Catch-22 situation.
The British Volleyball Federation, who have lost men's coach Harry Brokking because they cannot afford to pay his wages, argue they need funding in order to stand a chance of qualifying for Rio.
The BVF received a shade over Â£3.5million from UK Sport over the four-year build-up to London but did not meet all their performance targets at the Olympics.
"There will be some sports that will not be receiving UK Sports performance-focused funding but they have the opportunity to generate income from other sources," Nicholl said
"Every sport has to take responsibility itself for driving its own development to a point at which we can identify that it has future medal potential and that we are interested."
latest olympic videos
Russia claim their fourth and fifth gold medals in the swimming pool as Iran's world youth taekwondo champion Kimia Alizadeh Zenoorin clinch... More Russia claim their fourth and fifth gold medals in the swimming pool as Iran's world youth taekwondo champion Kimia Alizadeh Zenoorin clinches the women's under-63kg title at the 2014 Nanjing Youth Olympic Games
Date 20 hrs ago, Duration 3:04, Views 5