IOC suspends funding to Indian Olympic Association due to internal disputes: Report
IOC director James Macleod informed IOA president PT Usha that the IOA’s funding will be suspended due to internal disputes and governance issues.
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
The International Olympic Committee has reportedly suspended all funding to the Indian Olympic Association due to no signs of resolution on the infighting at the sports body.
According to a report in the Sportstar, IOC director James Macleod informed IOA president PT Usha that the IOA’s funding will be suspended due to internal disputes and governance issues.
In a letter sent to Usha and marked to the IOC member from India, Nita Ambani, Macloed stated, “We have carefully reviewed again, the situation as presented to us. There are obvious ongoing internal disputes and governance issues facing the IOA including a number of reciprocal allegations which have been raised within the executive council.
“This situation creates a lot of uncertainty and needs clarification and therefore until further notice, the IOC and Olympic solidarity will not make any payments to the IOA, except for direct payments to athletes benefiting from Olympic scholarships.”
In a press release, Usha placed the blame for the suspension on IOA treasurer and Weightlifting Federation of India chief Sahdev Yadav.
???? Press Release - 11/10/2024 pic.twitter.com/WVslaJbXBJ— Team India (@WeAreTeamIndia) October 11, 2024
“The Indian Olympic Association is deeply concerned over the severe financial repercussions caused by the failure of...