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15 August 2010  
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International Hockey Federation plans to triple revenues by 2016 
 28/07/2009
 
 
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The Executive Board of the International Hockey Federation (FIH) has approved new strategic directions with an aim to triple the total FIH revenue by 2016.

The Federation plans to take control of commercial rights and actively promote a unique and consistent global profile for hockey. The plan will be further supported by strategic investments, focussed on revenue growth effective structures.

In line with the new strategic directions, two working groups will be established - one to produce the action plan for the further development of the products of the FIH and the other to further develop commercial matters relating to control of rights, image, profile and brand. Both the working groups will present their final report to the Executive Board in December 2009.

The FIH Executive Board also received a full update on the FIH World Cup 2010, to be held in New Delhi, and all other FIH World Level Events in the coming years.

All FIH Committee chairpersons gave their report to the FIH Executive Board as well as to the five Continental Federations.

Regarding future tournaments, the decision was taken that the BDO Men’s Champions Challenge venue in Argentina will be changed from Quilmes to Salta.

The World Club Championship 2010 has been approved by the FIH Executive Board under conditions presented by the competitions committee in cooperation with the marketing committee.

The FIH Executive Board was informed that enough funding has been raised through different donations for the Zambia Project. A hockey pitch will be established in the new Olympic Training Center in this African country.

The next FIH Executive Board meeting will take place in Melbourne in December this year.

(Source: Indiantelevision.com)
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