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No More Funds to Olympic Organisers, Says IOC

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The International Olympic Committee (IOC) has refused to commit further funds to covering debts racked up by organisers of the 2016 summer Olympic and Paralympic Games in Rio de Janeiro.

The IOC said that it had “closed all its obligations with the organising committee” after the executive board held a meeting with Brazilian Olympic Committee president Carlos Nuzman, who had asked for assistance in satisfying creditors who are still owed about R130m (€35m/$40m) following the 2016 Games.

The executive board said that it had already contributed a “record” $1.53bn towards the Games and said that “more detailed information” was required. The IOC added that it “deferred any further consideration at this stage.”

 

The IOC added that there had been “an exceptional effort to significant cost savings and additional financial undertakings by all the Olympic stakeholders, which amounted to hundreds of millions of dollars.”

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In other news, an independent drug-testing authority (ITA) will be installed by the IOC for the 2018 winter Olympics in Pyeongchang.

 

The IOC’s medical chief, Richard Budgett, told reporters yesterday (Sunday) following an executive board meeting in Lausanne: “We will assist it but (testing) in Pyeongchang will be under the authority of the ITA. It will be there in Pyeongchang, even if in a preliminary form. Responsibility will be passed to the ITA. The resources of the IOC will be there at their disposal.”

 

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Separately, the IOC confirmed that it expects to complete retesting of more than 1,000 doping samples from the 2010 winter Olympics in Vancouver next month.

 

Additionally, the IOC executive board also confirmed that discussions are taking place regarding the possibility of establishing a refugee team for the Tokyo 2020 summer Olympics after such a team was represented in Rio for the first time.

 

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Kunle Solaja is the author of landmark books on sports and journalism as well as being a multiple award-winning journalist and editor of long standing. He is easily Nigeria’s foremost soccer diarist and Africa's most capped FIFA World Cup journalist, having attended all FIFA World Cup finals from Italia ’90 to Qatar 2022. He was honoured at the Qatar 2022 World Cup by FIFA and AIPS.

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Lagos Set to Host Africa’s First-Ever All-Electric Powerboat Championship

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History will be made in Lagos as the city becomes the first on the African continent to host the world’s all-electric powerboat championship, the E1 Series, from October 3 to 5, 2025.

The announcement marks a major milestone for Nigeria and Africa, as the E1 Lagos Grand Prix brings cutting-edge water sport, innovation, and environmental sustainability to the continent’s shores for the first time.

Sharing the news on his X (formerly Twitter) handle, Lagos State Governor Babajide Sanwo-Olu described the event as “a demonstration of innovation and progress, showing how sport can inspire sustainable solutions for the future.”

He added: “It is also a celebration of the creativity and resilience that define our people. This occasion gives us the opportunity to showcase Lagos to the world as we know it: welcoming, dynamic, and determined to embrace the future with confidence.”

Governor Sanwo-Olu also extended an open invitation to Lagosians and the global community to witness the groundbreaking spectacle.

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“The E1 Lagos Grand Prix is a chance for Lagos, and for Africa, to stand proudly on the global stage,” he said.

Traditionally renowned for its passion for land-based sports like football, Africa is now set to explore its aquatic potential as the UIM E1 Series, presented by PIF, transforms Lagos’ waterfront into a thrilling race track.

Scheduled for October 4–5, the E1 Lagos Grand Prix promises a unique blend of speed, culture, and sustainability, turning the city’s coastline into a symbol of Africa’s readiness to embrace innovation and green technology in sports.

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Pastor Adeboye unveils stadium and Olympic-size swimming pool

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Pastor Enoch A. Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG) has unveiled a full-size stadium and an Olympic-size 50-metre swimming pool at the Peaceville International Academy, located within the Redemption City of God, Ogun State.

The esteemed cleric was accompanied by his wife, Pastor Folu Adeboye, along with top church leaders including Pastor Joseph Obayemi; RCCG National Overseer, Pastor Sunday Akande, and the management of Peaceville International Academy led by Head of School Dolapo Fatoki.

The event was graced by several board members of the school, including Leke Adeoye, Olugbenga Omojola, Ayoola Jolayemi, Noah Osato, and Mrs Busola Ogunsiji.

Reflecting on his past, Pastor Adeboye lamented the lack of such facilities during his university days and the general scarcity of quality sports amenities across the country.

“This kind of well-grassed stadium and serene environment were not available in universities during our time. Remarkably, God has made this possible in a secondary school, showing that He is on our side,” he remarked.

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He offered prayers for those who contributed to the realization of these facilities and expressed his vision for the school to become a global brand.

In her welcome address, Pastor Mrs. Adeboye, the founder of the college, described the institution as a legacy made possible by God’s support.

She thanked her husband for his unwavering support in making the school a reality and emphasized the importance of the sports facilities in moulding Godly champions.

The unveiling ceremony also featured a novelty match to celebrate Pastor Adeboye’s 83rd birthday, with him performing the ceremonial kick-off for the match between Redemption City FC and Region 1 FC. The home team triumphed with a 4-0 victory.

Head of School Dolapo Fatoki highlighted that the facilities would be judiciously used to enhance the physical well-being of students and position the school as a hub for sports development in Ogun State and Nigeria.

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Burnley go 1,000 minutes without conceding a league goal

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Championship promotion chasers Burnley clocked up 1,000 minutes without conceding a league goal as they drew 0-0 at Preston North End on Saturday to stay third in the table.

It was Burnley’s 24th Championship clean sheet of the season and their 11th in a row — a new English second-tier record.

In 33 Championship games their miserly defence has been breached only nine times and no opposition player has scored against them in the league since Dec. 21.

Burnley keeper James Trafford has faced only 21 shots on target in achieving his 11 successive clean sheets — including two penalties which he saved against Sunderland.

Scott Parker’s side need just one more clean sheet to match the Championship record of Queen’s Park Rangers in 2010-11.

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“It’s something we pride ourselves on. We’re proud of being hard to beat and if you can’t win games, don’t lose them,” Burnley midfielder Josh Cullen told the club’s website.

“We come away with a point thanks to that defensive record and being solid again here at a tough place.”

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