Finances of the International Federations, in dollars, Euro, francs and Pounds: Part II

Get our headlines on WHATSAPP: 1) Save +1 (869) 665-9125 to your contact list. 2) Send a WhatsApp message to that number so we can add you 3) Send your news, photos/videos to times.caribbean@gmail.com

 

TSX HEADLINES – for Apr. 27, 2018: The Association of Summer Olympic International Federations governance study said 21 of the 28 IFs had publicly-available financial information, so we checked it out for ourselves.

In our second of two parts, we actually found financial data – if not statements – for 23 of the 28 and we profile the last 14 today.

What did we learn? First, that one of the biggest sports in the Olympic Games – gymnastics – compiles these statements, but does not make them public! They did have a loss in 2017, however.

And that many of these federations are really small business. Out chart of last-reported revenues for the 23 we did find information for showed that six had less than $10 million in revenues and another eight had less than $25 million. FIFA, on the other hand, had $734.2 million …

All the details and the comparative revenue table is in our Lane One commentary, plus:

(1) THE TICKER: The IAAF issued its long-awaited regulations on hyperandrogenism, which could have a significant effect on South Africa’s double Olympic 800 m champion Caster Semenya, among others. Plus what would have been the 100th birthday of Dutch track star Fanny Blankers-Koen, the quadruple gold medalist of the 1948 London Games.

(2) THE BIG PICTURE: The International Olympic Committee encouraged the Tokyo 2020 organizers to be more forthright and to tell people what was being planned … even if not completely worked out …

(3) ATHLETICS: Fabulous match-ups at the Drake Relays: Ryan Crouser vs. Tomas Walsh in the men’s shot, Kendra Harrison vs. everyone in the women’s 100 m hurdles and the return of Canadian sprint star Andre De Grasse. 

(4) WRESTLING: The U.S. Open is on in Las Vegas, the first step toward selecting the U.S. team for the 2018 World Championships, with Olympic champ Jake Varner and three-time World gold medalist Adeline Gray ready to go!

(5) FOOTBALL: Civil unrest in Nicaragua ended up cancelling the CONCACAF women’s U-17 Championship in Managua!

This issue includes ON DECK reports on Athletics ~ Badminton ~ Gymnastics ~ Swimming ~ Triathlon ~ Wrestling; SCOREBOARD reports on Curling ~ Cycling ~ Football ~ Ice Hockey ~ Shooting, plus AGENDA, our exclusive calendar of upcoming international events!

Want to stay informed on the worldwide carousel of sports? There’s only one way to follow all 41 sports on the Olympic program: read The Sports Examiner! Join the fun today and get more than 150 issues a year delivered directly to your e-mail inbox: Click here to subscribe!

 

Leave a comment

Social Share Buttons and Icons powered by Ultimatelysocial
error

Enjoy this blog? Please spread the word :)