An additional £2million, on top of the initial £3.8 million, is to be provided by the Premier League for use by its Premier League 4 Sport (PL4S) sports participation programme, a joint venture with Sports England and the Youth Sports Trust.
The partnership works with the Department of Culture, Media and Sport and sees an extra £2 million investment come after the programme exceeded its initial target of engaging 25,000 people in the Olympic sports of badminton, judo, table tennis and volleyball by over 50 per cent.
The additional funding, which will be injected over a two-year period, will ensure four more sports - basketball, handball, hockey and netball are added to the programme by 2013.
"The extra funding announced today by the Premier League means that the project will be able to offer even more sports," said Secretary of State for Culture, Olympics, Media and Sport Jeremy Hunt.
"Initiatives like this will do a huge amount to help deliver the government’s plans to encourage young people to develop a sporting habit for life."
"Delivering on the promises of London 2012 is not necessarily the job of the Premier League, but we say why not?" said Premier League chief executive Richard Scudamore. "We have the ability to do it and it is a yet another opportunity to work in partnership with government and make a positive contribution."