VSI
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

Levy
FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Sports Governance Is A Business Issue

Fri 5th Dec 2014 | Football Governance

Lord Moynihan’s ‘Governance of Sport Bill’, being debate in the House of Lords, has been welcomed by the Institute of Directors, the UK’s leading voice in corporate governance.

The IoD’s Corporate Governance Adviser, Oliver Parry, said: “Sport is big business and sports governance must be recognised as a business issue.

“Lord Moynihan is absolutely right to say that if it wouldn’t be acceptable in the boardroom of a FTSE company, it can’t be acceptable at sports governing bodies like FIFA or the International Olympic Committee.

“The UK is rightly regarded as a world leader in corporate governance, with company directors held to high standards of professionalism and transparency.

“However, it is a different picture when it comes to how our sports bodies are run. Lord Moynihan’s proposed reforms would introduce more accountability and improve the governance arrangements in UK sport.

“We should take this bill as an opportunity to get our own house in order, and send a strong message to international bodies that they must clean up their act.

“This bill is not a silver bullet, but it represents an important first step in overhauling a culture of poor governance which has permeated too much of international sport.

“Nowhere are the problems with a lack of transparency and impenetrable governance structures more apparent than at FIFA.

“Time and again they have fallen woefully short of what we would expect from the world’s largest and most powerful governing body in sport.”

Image: Action Images

Posted by: Aaron Gourley

Icondia (Icondia-C-468x60.gif)
 
RETURN TO LATEST NEWS SECTION
SUBSCRIBE TO THE FCBUSINESS RSS FEED
 
If you have any football business related news stories you’d like to share then please contact us –
agourley@fcbusiness.co.uk  

To subscribe to our range of football newsletters including news, products and jobs CLICK HERE.

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

The 100 Most Influential People In The Business Of Football

Thu 30th Mar 2017 | Football Governance

To celebrate 100 issues of fcbusiness magazine, we’ve compiled a list of the 100 most influential people in the business of football since 2004. fcbusiness launched in September 2004, and since...

The introduction of sin-bins among the topics to be discussed at IFAB's 131st AGM

Thu 2nd Mar 2017 | Football Governance

Greg Clarke will chair the Annual General Meeting (AGM) of the International Football Association Board (IFAB) at Wembley Stadium on Friday. England hosts the 131st meeting of the game’s...

FIFPro warning on two Malta clubs

Wed 1st Mar 2017 | Football Governance

FIFPro is advising players against joining two of the 12 clubs in Malta’s Premier League after evidence emerged of poor treatment of foreign footballers, including youngsters from Nigeria and...

Major Funding Boost For Grassroots Football

Wed 1st Feb 2017 | Football Governance

Underrepresented groups in grassroots football will soon have more teams to play in. The FA are investing £1.5m into the Grow the Game scheme – a programme that increases participation at...