WADA Media Symposium Francesco Ricci Bitti Chair WADA Finance and Administration Committee 20 June 2016 London United Kingdom WADAs funding is sourced equally from the Olympic Movement ID: 798295
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Slide1
WADA’s appeal for increased fundingWADA Media Symposium
Francesco Ricci
Bitti
, Chair, WADA
Finance
and Administration
Committee
20
June
2016
,
London, United
Kingdom
Slide2WADA’s funding is sourced equally from the Olympic Movement
(IOC) and
governments of the worldOnce governments make their contributions, the IOC matches dollar for dollar
How WADA
is
funded
Slide32015
Contributions from the IOC and Governments
Slide4Public Sector Contributions by Region
/
4Name of presentation
Government contributions by region
(Invoiced and remitted as of 31 December 2015 for budget year 2015)
Slide5WADA’s
annual budget vs. earnings of Tiger WoodsFood for thought…
Source
: About Sports
Slide6What’s being done
to
secure extra funding…End-2013: IOC-WADA initiated Anti-Doping Research FundThe IOC pledged to match up to $10 million towards athlete-centred anti-doping researchGovernments contributed $6 million, which the IOC matched for a total of $12 million, which has been put towards innovative science and social science research
End-2015
, WADA initiated Investigations Fund
Following the IC
Report,
Sir Craig Reedie wrote to governments to ask for
additional contributions toward further investigations
This has realized
approximately $
650,000 from Governments,
which
the
IOC
will be asked to match
Slide7Early
2016: Sir Craig Reedie called on sponsors and broadcasters to fund clean sport
Sport market consists of sponsorships, gate revenues, media rights (which includes broadcast television) and merchandisingConservative 2015 estimate places value at $145 billion*Broadcasters: 0.5% tariff on the estimated $35 billion* annual media rights figure would put $175 million more in WADA’s coffers Sponsors: Organizations that sponsor sanctioned athletes could attribute the money to the anti-doping
movement
instead
(
Source
:
Figures sourced from PWC Outlook for the global sports market to 2015
)
What’s
being
done
to
secure
extra
funding
…(
cont
.)
Slide8We are also exploring creation of a private charitable foundation
Dedicated
to supporting anti-doping on a global scaleGrants could finance areas such as:Scientific research Values-based education Intelligence and Investigations
What’s
being
done
to
secure
extra
funding
… (
cont
.)
Slide9Thank you!