Sportsday Live - breaking news

1226 OLYMPICS: BBC Sport's Gordon Farquhar on Twitter:"Jeremy Hunt says Govt committed to the promise of using the games to get more people involved in sport. Says investing an extra £500m."

1223 FOOTBALL: Paris Saint Germain sporting director Leonardo has said the French club have ended their interest in Manchester City striker Carlos Tevez after failing to agree a deal, reports L'Equipe (in French).

1217 RUGBY UNION: London Irish have announced a £1.6m loss in their annual trading results for the year ending 30 June 2011. But that loss was down by over a £1m from the previous year when they recorded a deficit of £2.09m.

1212 TENNIS: World number two Rafael Nadal wins the third set 6-4 in his Australian Open quarter-final against Tomas Berdych to lead 2-1. Follow live text commentary with Aimee Lewis or listen to the action in Melbourne on BBC Radio 5 live sports extra.

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