Governing Bodies
CORONAVIRUS OUTBREAK: OLYMPICS HAVE A $1.2 BILLION RESERVE FUND FOR CANCELLED GAMES
As the International Olympic Committee looks ahead to the Summer Games with trepidation, it does have something that could cushion the blow in case of cancellation: a US$897 million (S$1.2 billion) reserve fund to help finance global sports.
It’s an improbable scenario, but one drawing more consideration at the coronavirus continues to spread around the world. A number of global sporting events and Olympic qualifiers have been cancelled, and many are now wondering how the outbreak might effect the 2020 Summer Games in Tokyo, scheduled to start at the end of July.
The fund was established as a backstop for international sports federations that rely on the IOC to balance their budgets, said Mr Dick Pound, the organisation’s longest-serving member. That’s not soccer or basketball, but smaller sports like judo, volleyball and water polo.
Part of the IOC’s broader risk management strategy, the fund was established in 2001 with US$105 million. It had grown to US$422 million by 2008.
“It’s a significant number, and would keep all the balls in the air if we actually missed a games,” Mr Pound said in an interview.
CASES SURGE
Coronavirus cases have surged to more than 80,000 worldwide, with new hot spots in Italy, South Korea and Iran in addition to the epicentre in China.
The World Health Organisation has held off on declaring a global pandemic, but stock prices have plunged and bond yields have soared as investors worry about a further spread.
For now, the Olympic movement is moving forward with its plans for Tokyo. The US Olympic & Paralympic Committee has suggested a limit on all non-essential travel to China, Hong Kong and Singapore, but has informed its teams to continue training and preparing as planned.
On Tuesday, the committee sent an updated e-mail to its teams advising them on the latest virus fallout, including event cancellations in both Italy and Iran and strict travel
We don’t yet know the full impact of the new developments on Team USA athletes and staff,” the committee said in the memo.
Japanese politicians have also said there are no plans to move or cancel the games.
“The preparations for the Olympic Games Tokyo 2020 continue as planned,” the IOC said in a statement.
“Countermeasures against infectious diseases constitute an important part of Tokyo 2020’s plans to host a safe and secure games.”
The committee said it has full confidence that the authorities, “in particular in Japan and China, will take all the necessary measures to address the situation.”
The IOC made US$5.7 billion in its last four-year Olympic cycle, which included the 2016 Summer Games in Rio de Janeiro and the 2018 Winter Games in PyeongChang, South Korea.
Of that total, 73 per cent came from broadcast rights and 18 per cent from top-level sponsors.
That money goes in part toward mounting the Olympic Games, and in part to national and international governing bodies to help fund athletes around the world.
For the Summer Games in Rio, for example, the IOC distributed US$540 million to international federations and another US$540 million to national Olympic committees.
The reserve fund is just part of the IOC’s risk management stores. The organisation also has US$647 million in assets set aside from TV money, in case it needs to refund parts of those contracts; US$261 million to cover deficits in its main sponsorship programme; and US$447 million to help cover distribution to national Olympic bodies.
Mr Pound, who has been an IOC member since 1978 but isn’t involved in day-to-day management, said the organisation isn’t in any immediate rush to make a decision on the games.
He said late May, two months out from the opening ceremony, will likely be the point at which the entire Olympic movement needs to know if the games will be cancelled or postponed.
“This is the most dangerous threat to the Olympics other than a state of actual war,” Mr Pound said. “This is the new war scenario.”
World football governing body, FIFA, today clocks its 122nd anniversary, celebrating more than a century of overseeing and expanding the global game.
Founded on May 21, 1904, in Paris, France, FIFA began with just seven member associations — France, Belgium, Denmark, the Netherlands, Spain, Sweden, and Switzerland.
From that modest beginning, the organisation has grown into the most influential sports governing body in the world, with 211 member associations spread across all continents.
Over the decades, FIFA has transformed football into a truly global phenomenon through competitions such as the FIFA World Cup, Women’s World Cup, Club World Cup, youth tournaments, and developmental programmes aimed at growing the game worldwide.
The organisation has also witnessed remarkable milestones, including the expansion of the men’s World Cup from 13 teams in 1930 to 48 teams beginning from the 2026 edition to be jointly hosted by the United States, Canada, and Mexico.
FIFA’s journey has equally reflected football’s growing influence beyond sport, with the game becoming a major tool for diplomacy, social inclusion, youth empowerment, and economic development across the world.
As FIFA celebrates 122 years of existence, attention is now focused on the future of the game, technological innovations, expanded competitions, women’s football growth, and the continued globalisation of football.
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UEFA has issued a lifetime ban to Petr Vlachovsky, a Czech women’s soccer coach who secretly filmed his players, the governing body announced on Tuesday.
Czech media reported that the coach was convicted in May 2025 and initially received a suspended one-year prison sentence and a five-year domestic coaching ban for filming FC Slovacko’s players in changing rooms, the youngest of whom was 17.
In a statement, UEFA’s Control, Ethics and Disciplinary Body (CEDB) said it had decided to ban Vlachovsky “from exercising any football-related activity for life” following the appointment of an Ethics and Disciplinary Inspector to investigate allegations of potential misconduct.
“The CEDB further decided to request FIFA to extend the abovementioned ban on a worldwide level and to order the Football Association of the Czech Republic to revoke Mr Petr Vlachovsky’s coaching licence,” the statement added.
FC Slovacko did not immediately respond to an emailed request for comment.
Football players’ union FIFPRO welcomed the ban as well as UEFA’s request for world soccer governing body FIFA to impose an international ban on Vlachovsky.
“This outcome sends a strong and necessary message that abusive and inappropriate behaviour has no place in football and that safeguarding the well-being of players must remain a priority at every level of the game,” FIFPRO added in a statement.
Vlachovsky had also previously served as coach of the Czech women’s Under-19s team.
RELATED STORY: https://sportsvillagesquare.com/2026/04/08/outrage-as-male-coach-who-secretly-filmed-women-players-still-free-to-work-in-football/
-Reuters
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Southampton have been kicked out of the Championship playoff final after being found guilty of spying on semi-final opponents Middlesbrough, the English Football League said on Tuesday.
Middlesbrough, who lost 2-1 to Southampton on aggregate in the semi, have been reinstated and will face Hull City on Saturday in what is dubbed the world’s richest soccer match.
Promotion to the Premier League, even with an immediate relegation, is estimated to be worth in the region of 200 million pounds ($268.10 million) over three seasons.
Southampton, who admitted the charges, were also found guilty of filming training sessions involving Oxford United in December and Ipswich Town in April during the regular season.
They have also been deducted four points from the start of next season in England’s second tier.
“An Independent Disciplinary Commission has today expelled Southampton from the Championship play-offs after the club admitted multiple breaches of EFL regulations related to the unauthorised filming of other clubs’ training,” the EFL said.
“Southampton admitted breaches of Regulations requiring Clubs to act with the utmost good faith and prohibiting the observation of another Club’s training session within 72 hours of a scheduled match.
“The effect of today’s order is that Middlesbrough are reinstated into the 2026 play-offs and will proceed to the play-off final against Hull City. The final remains scheduled for Saturday 23 May, with the kick-off time to be confirmed.”
The EFL confirmed that Southampton could appeal against the decision and that “parties are working to try and resolve any appeal on Wednesday 20 May.
“Subject to the outcome, it could result in a further change to Saturday’s fixture,” the statement said.
‘BORO CALLED FOR SOUTHAMPTON EXPULSION
Middlesbrough had called for Southampton’s expulsion after having a training session at their Rockliffe Park site filmed 48 hours ahead of the first leg of their playoff semi-final with Southampton which ended 0-0.
The north-east club said they welcomed the decision.
“We believe this sends out a clear message for the future of our game regarding sporting integrity and conduct,” the north Middlesbrough said in a statement.
“As a club, we are now focused on our game against Hull City at Wembley on Saturday.”
Southampton were relegated from the Premier League last season and were struggling in the early part of this campaign until a storming finish in which they went unbeaten in 19 league games to finish fourth and enter the playoffs.
The south-coast club are the first to fall foul of the Football League’s regulation 127 — brought in after Leeds United were found guilty of spying on Derby County seven years ago, an offence for which they were fined 200,000 pounds.
-Reuters
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