Eight years later, the latest UK Sport funding allocation of just under £2m has been presented as a total for short track, figure and long track speed skating.
So short track is caught in the situation which befalls many Olympic sports in Britain – they need to perform at the Games to get more funding, but without the funding they struggle to achieve success.
Asked what work is being done to fix short track, British Olympic Association (BOA) chair Dame Katherine Grainger told BBC Sport: “As much potential as we have in that team, there is more untapped.
“It is not a sport we have a legacy in, so that opens the door – we need to learn from other countries where we can.”
Add in the fact that there are few sports in the world more chaotic and unpredictable than short track.
Christie was Britain’s most recognisable speed skater a decade ago when she won three gold medals at the 2017 World Championships, but a series of crashes and disqualifications ruined her Olympic dreams in 2014 and 2018.
And this year, Treacy’s luck was also out. Take his 1,000m final – usually this event would have six racers, but in Milan had nine because three athletes were advanced to the medal race after being illegally hindered in their semi-finals.
Would Treacy, who was running in third when he tangled with Liu, have won a medal if there were fewer men on the track? Ultimately, hypotheticals do not put cash in the bank.
Treacy could not hide his funding frustrations when speaking to the BBC following that final.
“If we only had a bit more support going through the Olympic cycle,” he said. “In the UK we don’t even have an ice centre which is safe enough for competitions.
“In the UK we have to look at ourselves and see we need a facility where we can train at the top level, instead of having to go to other countries.”
Treacy is correct that there is no venue in Britain that could host an international short track event, because there are no rinks with the soft boards needed around the border to protect racers when there are crashes.