Lyn Davies and Terry Matthews

And the contribution has been doubled by the largest award ever made by the Sports Council for Wales' Sportsmatch sponsorship incentive scheme.

Terry Matthews, Chairman of the Celtic Manor Resort hopes his financial backing will safeguard its future and create the champions of tomorrow.

"We have to look after the guys coming through," he said.

"These guys are the next generation, they are the future, we must invest in the future."

David Moorcraft: It will make a difference

UK Athletics Chief Executive David Moorcroft said: "The Celtic Manor Resort has offered the kind of support that can make a real difference.

"Having visited the resort I am aware of its excellent location and facilities offered.

"I am sure it will be a successful partnership and will help continue the outstanding success that athletics in Wales has achieved in recent years."