spacer
13 June 2010  
spacer
Sports Business Portal - Home
HOME|NEWS|MARKET REPORTS|DIRECTORY|SPORTS JOBS|TENDERS|CONFERENCES|ABOUT US|ADVERTISING spacer
SPORTS BUSINESS | SPONSORSHIP | TV RIGHTS | VENUES | SPORTS TECHNOLOGY | ECONOMICS | SPORTS MARKETING | BIDDING | SPORTS EVENTS | NEWSLETTER >> spacer

Username
Password 
Register now
Lost Password?

spacer

News Menu

»All News
»Sports Events
»Commonwealth Games
  »Delhi 2010
  »Glasgow 2014
»Agencies - Companies
»Bidding
»Media Rights
  »TV Rights
  »Mobile Rights
  »Internet Rights
»Sports Legacy
»Sports Economics
»Governing Bodies
»Sports Hospitality
»Anti-Doping
»Sports Recruitment
»Sports Security
»Sports Sponsorship
»Sports Betting
»Sports Business
»Sports Law
»Sports Marketing
»Sports Venues
»Sports Technology
»Ticketing
»News by Location
»News by Sport
spacer
spacer
spacer

News by Events

»Olympics
»Summer Olympic Games
  »London 2012
  »Rio 2016
  »2020 Olympics
»Winter Olympic Games
  »Vancouver 2010
  »Sochi 2014
  »2018 Winter Olympics
»FIFA World Cup
  »South Africa 2010
  »Brazil 2014
  »2018 FIFA World Cup
»EURO
  »EURO 2012
  »EURO 2016
»Rugby World Cup
  »New Zealand 2011
  »2015 Rugby World Cup
  »2019 Rugby World Cup
»Commonwealth Games
  »Delhi 2010
  »Glasgow 2014
»Asian Games
  »Guangzhou 2010
  »Incheon 2014
»Cricket World Cup
  »2011 Cricket World Cup
»Pan American Games
»Africa Cup of Nations
»America's Cup
»FIBA World C'ship
»All Sports Events
spacer
spacer
Funds delay threatens to knock out Indian boxing tournament 
 09/03/2009
 
 
Poor financial planning and governmental red tape is casting a shadow over an international boxing competition in India, and stoking fears about the nation's ability to stage the Commonwealth Games next year.

The nine-nation event due to take place from March 11-15 in Chandigarh is in trouble as government funds have not been released, domestic media reported on Friday.

Boxers from Kazakhstan, Uzbekistan, Mauritius, Malaysia, Sri Lanka, Nepal, Turkmenistan and Singapore and home teams are due to take part, but local organisers have been unable to even book hotel rooms.

A senior Indian Boxing Federation (IBF) official said the sports ministry had yet to hand over around $28,000, the Times of India reported.

"If such a small-scale tournament can't be arranged properly, I don't know what's going to happen during the Commonwealth (Games)," IBF secretary Muralidharan Raja told the paper, referring to the Games planned in New Delhi in October 2010.

"The moment a boxer wins in his category we have to hand over the money to them in cash immediately."

A sports ministry official countered by saying the money would be released soon.

"The file is with the finance department and it's going to be approved in a couple of days' time," Rahul Bhatnagar said.

"This is not the first time we are dealing with the IBF and they know that even if we don't give them the money right now, we shall reimburse."

Indian boxing has been on a high since Vijender Kumar won a bronze medal at last year's Beijing Olympics, while two of his team mates reached the quarter-finals.

(Source: Reuters)
Back
 
 

Advertisement

spacer

Popular Sections

»Sports Events
»Sports Business
»Sports Sponsorship
»Sports Marketing
»Sports Economics
»Media Rights
  »TV Rights
  »Mobile Rights
  »Internet Rights
»Sports Venues
»Bidding
»Sports Technology
»Sports Hospitality
»Sports Legacy
»Sports Security
»Sports Agencies
»Sports Law
»Sports Recruitment
»Ticketing
»Governing Bodies
»Football Business
»Rugby Business
»Cricket Business
»Motorsport Business
  »F1 Business
  »Motorcycling
  »Nascar industry
»Golf Business
»Tennis Business
»Sports Betting Industry
»Horse Racing Industry
»All News
Media Partners

 Home   |  Site Map  |  Sports Industry Providers & Suppliers   |  Sports Jobs  |  Links  |  Sports Industry Newsletter  |  Sports Industry Conferences 
 Sports Industry Tenders  |  Sports Industry News  |  Advertise With Us  |  About Us  |  Contact    
spacer © 2010 Sports City. All rights reserved. spacer