Exclusive: International Hockey Federation made $700,000 loss in 2019

The International Hockey Federation (FIH) lost more than CHF633,000 (£519,000/$715,000/€589,000) in 2019, more than doubling its 2018 deficit.
The International Hockey Federation (FIH) lost more than CHF633,000 (£519,000/$715,000/€589,000) in 2019, more than doubling its 2018 deficit.
Business remains good at Procter & Gamble, the giant American household products company that is a worldwide sponsor of the International Olympic Committee (IOC).
Jack Ma, founder and talisman of Alibaba, one of the International Olympic Committee (IOC)’s most important sponsors, has resurfaced, making his first public appearance in nearly three months.
The heir and de facto head of Samsung, a longstanding sponsor of the International Olympic Committee (IOC), is going back to prison, in a move that may deprive South Korea’s largest conglomerate of its top decision-maker for up to 18 months.
Delta Air Lines has reported an eye-watering pre-tax loss of $15.6 billion (£11.2 billion/€12.6 billion), as the international travel industry shows the scars from a pandemic-blighted year.
A deal has been agreed giving a private equity group called Sixth Street majority control of the sponsorship sales agency for the Los Angeles 2028 Olympic and Paralympic Games.
International Olympic Committee (IOC) sponsor Intel has appointed a new chief executive.
In business, as in sport, sometimes it never rains but it pours, and in logging on to the Financial Times, website earlier this week, eyes were drawn to a headline proclaiming, "Chinese courier sets fire to himself in protest over unpaid Alibaba wages".
Canadian Prime Minister Justin Trudeau is among a long list of personalities from sport and beyond who have paid tribute to Richard Pound, who has stepped down from the World Anti-Doping Agency (WADA) Foundation Board.
The International Boxing Association (AIBA) has received a vital approximately CHF4 million (£3.3 million/$4.4 million/€3.6 million) payment relating to next year’s planned Global Boxing Cup, insidethegames understands.
The now suspended New Delhi laboratory recorded by far the highest proportion of positive tests among the 30 laboratories for which statistics are given in the World Anti-Doping Agency (WADA)’s newly-published anti-doping testing figures report for 2019.
The World Anti-Doping Agency (WADA) has decided to strip so-called "aggregated data" out of its annual testing figures report, reducing the number of samples included by more than 20 per cent, based on 2018 figures.
Nike has started growing again after its COVID-19-linked blip.
The International Boxing Association (AIBA) will be out of debt in six months and will fulfil "all of its financial obligations", according to Umar Kremlev, its new President.
The International Boxing Association (AIBA) faces a critical few weeks, with an auditor warning it will be unable to repay its debts when they fall due if payments related to next year's competitions are not received before January.