ɪɾ ɪz fˈʌndᵻd baɪ ðɪ ɪlˈiːt ˈæθliːts dɪvˈɛləpmənt fˈʌnd, ɪstˈæblɪʃt ɪn tˈuː θˈaʊzənd twˈɛlv wɪð ˌeɪtʃkˈeɪ dˈɑːlɚ sˈɛvən bˈɪliən ɪn tˈækspeɪɚ fˈʌndz, ænd ɡˈɪvən ɐnˈʌðɚɹ ˌeɪtʃkˈeɪ dˈɑːlɚ sˈɪks bˈɪliən ɪn tˈuː θˈaʊzənd nˈaɪntiːn.
It is funded by the Elite Athletes Development Fund, established in 2012 with HK$7 billion in taxpayer funds, and given another HK$6 billion in 2019.