Most Read News, July 11 – 17, 2016 July 17, 2016 Back to overview,Home naval-today Most Read News, July 11 – 17, 2016 Share this article View post tag: Most Read News Authorities
International Olympic Committee (IOC) anticipates that it will have to bear costs of up to USD 800 million for its part of the responsibilities for the organisation of the Olympic Games Tokyo 2020, its own extended operations and the support for the wider Olympic Movement. Loading… Additionally, the Swiss Federal Council agreed yesterday to offer support to the Switzerland-based IFs in a joint programme with the IOC. ‘The IOC thanks the Swiss Federal Council for the offer to support the International Federations jointly with the IOC. We are fully committed to successfully delivering this International Sports Federation support programme in cooperation with the Swiss authorities. This initiative is a great acknowledgement of the importance of the International Sports Federations and sport,’ IOC President Thomas Bach commented. It was previously announced that Olympic Solidarity has increased the budget for its athlete programmes by USD 15 million, which covers scholarships for over 1,600 athletes from 185 NOCs and the IOC Refugee Olympic Team. Olympic Solidarity had also increased the budget for IOC subsidies for the participation of NOCs in the Olympic Games by USD 10.3 million. This additional budget will allow Olympic Solidarity to make available additional funds relating to exceptional Games-related costs incurred by NOCs due to the postponement of the Olympic Games Tokyo 2020. President Bach said: ‘The Olympic Movement is facing an unprecedented challenge. The IOC has to organise postponed Olympic Games for the first time ever, and has to help its stakeholders come through this global crisis. read also:IOC to discuss providing financial support to international federations This new situation will need all our solidarity, creativity, determination and flexibility. We shall all need to make sacrifices and compromises. Extraordinary circumstances call for extraordinary measures. This situation requires every one of us to do our part, and this applies to all of us, including the IOC. With today’s financial plans, we are addressing these needs.’ FacebookTwitterWhatsAppEmail分享 This amount will be covered by the IOC itself, including any funding from the Olympic Foundation. This number includes the cost for the organisation of the postponed Games of up to USD 650 million for the IOC, and an aid package of up to USD 150 million for the Olympic Movement, including the International Federations (IFs), the National Olympic Committees (NOCs) and the IOC-Recognised Organisations, to enable them to continue their sports, their activities and their support to their athletes. Today, the IOC Executive Board (EB) approved this financial plan. At the moment, the IOC is undergoing a deep analysis process to evaluate and assess the impact of the COVID-19 crisis on all of its operations. This is a complex exercise because of the constantly changing factors which have to be considered in the current environment. The IOC, as the leader of the Olympic Movement, is playing a critical role in supporting its stakeholders during the COVID-19 outbreak. To stand in solidarity with the Olympic Movement, it has also put together an aid package of up to USD 150 million, from which the IFs, NOCs and IOC-Recognised Organisations can benefit. This funding is meant to help them continue their mission to develop their sports, prepare for the Olympic Games and support their athletes. The IOC and its stakeholders are still going through the analysis process to assess the needs on a case-by-case basis. Promoted ContentYou’ve Only Seen Such Colorful Hairdos In A Handful Of Anime8 Superfoods For Growing Hair Back And Stimulating Its Growth7 Truly Incredible Facts About Black Holes7 Netflix Shows Cancelled Because They Don’t Get The Ratings8 Things That Will Happen If An Asteroid Hits EarthWho Is The Most Powerful Woman On Earth?How They Made Little Simba Look So Lifelike in ‘The Lion King’Underappreciated Movies You Missed In 2019Boys Deserve More Than Action-Hero Role ModelsCouples Who Celebrated Their Union In A Unique, Unforgettable WayBest Car Manufacturers In The WorldThe Very Last Bitcoin Will Be Mined Around 2140. Read More
Eamon O’Shea’s side will travel to Cusack Park tomorrow to take on a Clare side who have lost both of their opening National League games. The Premier County’s team sees Noel McGrath replace the injured Denis Maher in attack, while Conor O’Mahony comes in for Paul Curran and James Woodlock comes in for Gearoid Ryan. Tipp captain Brendan Maher says the quality of teams in Division 1A means every county is vulnerable to defeat. Tomorrow’s match throws-in at 2 o’clock and we’ll have full live coverage from Cusack Park here on Tipp FM in association with Nenagh Quickfit Centre, Ormond Street Nenagh and Doherty Hardware, Rosemary Square Roscrea.