News

Swiss-based sports federations grapple with pandemic setbacks

The Association of Summer Olympic International Federations, or ASOIF, is the Lausanne-based umbrella organization for the dozens of sports federations that compete in the Summer Games. Its president, Francesco Ricci Bitti, says these various federations, 22 of which are also Swiss-based, have been hit hard by the postponement and cancelation of events during the coronavirus pandemic and about two-thirds have accepted financial assistance in the form of loans from the government and the IOC. Still, he doesn’t see any of the federations going under. “The duration of this crisis is very important,” he says, “but if it is, as suspected, getting better I think all the federations could survive, in my opinion.”

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

© 2020 CNNMoney Switzerland SA. All Rights Reserved. Terms under which this service is provided to you.

To Top