The Daily - Issue 3 - Wednesday May 29,

Page 1

>inside 3

11

>social

>sportfive

City Forum focuses on new media

CEO Shaila-Ann Rao on the global market

5

>cycling

Pat McQuaid outlines the UCI’s major priorities

The Daily

wednesday, may 29, 2013

your guide to the saint petersburg sportaccord convention www.sportaccordconvention.com @saconvention #SACon13

Summer Federations to share the wealth

I

nternational Olympic Committee President Dr Jacques Rogge is expected to confirm a revenue windfall of more than US$500 million for ASOIF members when he meets them today at SportAccord Convention. The announcement is likely to be accompanied by details of a new grouping system for the summer Olympic sports, which will influence how much each of them receives from the pot. The payment is the share of the proceeds from last year’s London Olympics which is to be allocated to members of ASOIF – the Association of Summer Olympics International Federations. Andrew Ryan, Executive Director of ASOIF, said the initial sum had been expected to total around US$475 million – an increase of just over 60 per cent compared with US$296 million from Beijing – but the actual figure to be revealed by the IOC Executive Board today is likely to exceed US$500 million. Ryan said the Olympic revenue amounts to 35–40 per cent of income for some sports, excluding FIFA, and that it will be distributed by ASOIF according to the new groups. “It is a massive uplift in revenue from

uplift: Francesco Ricci Bitti

the Olympics but there is also a big uplift in the business affairs of the International Federations,” Ryan told The Daily. “We were given the job of distributing the money and we secured agreement

between the 28 members that they would agree the split on condition that the IOC reviews the five groups.” The groups were originally set more than 20 years ago and have been revised

after taking into account key indicators from the London Olympics. “They were not based on particularly detailed analysis in the past but now we have had a much more scientific approach,” said Ryan. “The whole process has taken two years and is based very much on figures from the London Games, looking at things like ticket sales and TV audience for each sport. That is where the criteria have come from and the next thing that will happen is that the IOC Executive Board will present the new groups,” said Ryan. The IOC Executive Board is due to meet at SportAccord Convention at 8:00 today and will update ASOIF in an open session at 9:15. Addressing his first ASOIF General Assembly meeting since his election as President at SportAccord Convention last year, Francesco Ricci Bitti spoke of the importance of International Federations being seen as a valued part of the Olympic Movement. He underlined the importance of his members being at the centre of all decision-making that affects their sports, and he promised a more proactive approach to achieve greater involvement. Ricci Bitti also reaffirmed ASOIF’s Continued on page 2

fetisov at convention Legendary Russian ice hockey player Vyacheslav Fetisov will wrap up day one of SportAccord Convention’s conference programme later today by providing an unmissable insight into his glittering career. The Interview of the Day with Fetisov will start at 17:00, half an hour later than originally scheduled, with the Spirit of Sport Awards (see preview on p9) moving back to a start time of 16:30. Fetisov, a member of the National Hockey League Hall of Fame, was one of the first players from Russia to move to the North American league. The two-time Olympic champion also coached Russia’s Olympic ice hockey team and served for six years as the Russian Federation’s Minister of Sport. From 10:00-10:30, Alexander Zhukov, President of the Russian Olympic Committee and First Deputy Chairman of the State Duma of the Russian Federation, and SportAccord Convention Chairman Hein Verbruggen will welcome delegates at the start of the conference. Saatchi & Saatchi Worldwide CEO Kevin Roberts, NBC Executive Producer Jim Bell, Rio 2016 Olympics Organising Committee President Carlos Arthur Nuzman, UK Sports Minister Hugh Robertson and SPORTFIVE International CEO Shaila-Ann Rao (see interview on p5) are among the other stellar speakers lined up today.


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