2009

20

Feb

Olympics-Grassroots sport struggling in credit crunch, says IOC

Sport’s long-term popularity will suffer badly if governments redirect funds away from its grassroots during the global credit crunch, International Olympic Committee (IOC) chiefs warned on Friday.
IOC president Jacques Rogge said top-tier events like the Olympic Games and soccer’s World Cup were not suffering too much from the worst economic downturn in almost 80 [...]

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