BEIJING: Members of the International Olympic Committee (IOC) on Thursday vented their frustration over plans for a biennial soccer World Cup instead of the current four-year cycle, saying it would have a major negative impact on other sports. On the first day of the IOC session before the opening of the Beijing Winter Olympics on Friday, IOC members called on Gianni Infantino, the president of world soccer’s governing body and who is also an IOC member, to drop his plans. Infantino, who has cancelled his trip to China, has said changing the World Cup cycle from four years to two would generate an extra $4.4 billion in revenues for the world body. FIFA said the additional funds would help reduce the gap in revenues between developed and less developed football markets. But international sports federations as well as the IOC, which organises the Olympics ––– Summer or Winter Games ––– every two years, have opposed Infantino’s plans. A biennial World Cup would clash with the Summer Olympics while also denting the Games’ commercial appeal. Currently the World Cup is held two years apart from the Summer Olympics. The World Cup is the biggest international single sports event, commanding sponsorship and broadcasting deals far greater than any other international federation’s event. A tournament every two years would overshadow all other competitions.
On Wednesday, the core and political committees of Pakistan Tehreek-e-Insaf (PTI) deliberated on Bushra Bibi's…
In a scathing criticism, Information Minister Attaullah Tarar slammed Pakistan Tehreek-e-Insaf (PTI) after the party…
The Constitutional Bench of the Supreme Court has rejected the PTI plea seeking to take…
The first four months of the current fiscal year showed better than expected improvement marked…
Federal Interior Minister Mohsin Naqvi has announced that from December 31, no Afghan nationals will…
The ceasefire between Hezbollah and Israel, two longstanding rivals, was welcomed by the people of…
Leave a Comment