News IOC to discuss providing financial support to international federations

-

- Advertisment -

IOC to discuss providing financial support to international federations

News IOC to discuss providing financial support to international federations

The International Olympic Committee came under pressure to speed up its decision about postponing the Tokyo Games on Tuesday as athletes criticised the four-week deadline and the United States joined calls to delay the competition.

International Olympic Committee (IOC) has been discussing how it might help international sports federations overcome financial losses linked to the COVID-19 pandemic, the organisation revealed on its website.

“We are conscious of the impact of the COVID-19 outbreak on the International Federations (IFs) and have already started discussions with them on a case-by-case basis as the needs of each IF are different,” the IOC said in a Q&A release.

“Following those discussions over the next few weeks, we will understand the landscape, and the IOC will be able to know more the role it can play in addressing the situation and how to give the IFs support, including accessing government and other support programmes which may be available.”

The postponement of Tokyo 2020 has caused financial difficulties to some federations which rely on the financial dividends of the Olympic Games, and the widespread global cancellation and postponement of sporting events has exacerbated the situation.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Updates

Nigeria approves new names for top performing cassava varieties

The Federal Government of Nigeria on Wednesday evening approved new names for 10 improved cassava varieties, as part of...

Ole Gunnar Solskjaer admits Manchester United fringe players to be frozen out

Manchester United boss Ole Gunnar Solskjaer admits he could freeze out the players he doesn’t wish to work with.Solskjaer...

Togo premier Komi Klassou resigns

Togo’s prime minister and his government have resigned, the West African nation’s presidency said late Friday.President Faure Gnassingbe congratulated...

Frank Lampard: Petr Cech helping solve Chelsea’s goalkeeping woes

Frank Lampard has revealed Petr Cech will work with Chelsea’s new signing Edouard Mendy and the error-prone Kepa Arrizabalaga...
- Advertisement -

President Buhari: I instructed IGP to ensure Edo election was free, fair

President Muhammadu Buhari said in Abuja yesterday that as the leader of the ruling All Progressives Congress, APC, he...

Diego Forlan slams Barcelona treatment of Luis Suarez

Former Atletico Madrid star Diego Forlan has backed Luis Suarez to be a success at the Wanda Metropolitano and...
- Advertisement -

You might also likeRELATED
Recommended to you