The promised Olympic "legacy" of increased participation had failed to materialise and fewer people were now active than before the London 2012 Games Shadow culture secretary Harriet Harman said.
"We were all proud to host the Olympics and Paralympic Games in London two years ago but instead of seeing increased participation things have got worse, especially amongst young people, as a result of the Government axing school sports partnerships. "Labour wants to help everybody to do more sport and physical activity - from children to the elderly, girls as well as boys, and people from all backgrounds and regions.
Betting firm profits from horseracing are already subject to a levy which raised £82 million for the sport last year and the Premier League has in place a voluntary 5% levy on television revenues for the grassroots game. But Labour is considering extending the betting levy to gambling - including online - on all sports and measures to pressure the country's richest football clubs into properly meeting their promise.