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Prince Harry Launches New Sporting Event For Wounded Servicemen

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LONDON, ENGLAND - MARCH 06: Prince Harry talks to injured soldier wheelchair basketball players at the lunch of the new international sporting event for wounded, injured and sick service personnel, the Invictus Games in the Copper Box at Queen Elizabeth Olympic Park on March 6, 2014 in London, England. (Photo by Danny Martindale/WireImage) | Danny Martindale via Getty Images

LONDON (AP) — Britain's Prince Harry is launching the "Invictus Games," a new sporting event for wounded, injured and sick service personnel.

Inspired by a visit to the Warrior Games in the United States, Harry described the Paralympic-style competition as "such a good idea by the Americans that it had to be stolen."

He told reporters Thursday seen "how the power of sport can positively impact the lives of wounded, injured and sick servicemen and women."

The games will be funded in part from a government fund holding proceeds of fines levied on banks for manipulating currency rates.

Jaguar Land Rover will be a sponsor of the September event featuring athletes from Britain, Afghanistan, Australia, Canada, Denmark, Estonia, France, Germany, Iraq, Italy, Netherlands, New Zealand and the United States

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