JAAA moves to keep cash flowing into track after Bolt

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first_imgPlans are afoot for the formation of the Jamaica Athletics Foundation, an organisation to raise funds for the development of track and field in Jamaica. This was revealed in an interview with Dr Warren Blake, the president of the Jamaica Athletics Administrative Association (JAAA) last week. The new entity will be reaching out to local corporate entities and Jamaicans overseas.Speaking at his JAAA office in Kingston, Blake said he worried about the possibility of dwindling corporate support after superstar sprinter Usain Bolt retires.”It is a concern because, as you know, Bolt himself pulls and attracts sponsorship to athletics, and people may say that when Bolt goes, there’s nothing in it for us,” he outlined, “so we have to convince our partners that it is worth their while to stay with us, that we’re running a good ship, that we can deliver the same brand alignment that we have done in the past.”The formation of the foundation is part of the JAAA’s response to that possibility.”It’s already a legal entity, the Jamaica Athletics Foundation, where we involve some top people locally and some members of the diaspora, and we have got some key people overseas involved”, he said optimistically.MONEY IS TIGHTHe doesn’t expect that the Sports Development Foundation (SDF) will be able to assist much after its efforts to install a new synthetic track at the G.C. Foster College for Physical Education. “Having been head of the SDF, I know the sort of cash flow they have”, he remarked, “and the money is really tight.”He is envisaging a foundation “where we can raise funds, both from corporate and a sort of crowd-funding venture, where members of the diaspora give a small amount each month”.He also revealed that his association has been able to avoid its customary year-end borrowing in 2016. “This is one of the first years in my memory since 2000 that we have not had to go to the bank to borrow to bridge that gap at this time of the year”, he recalled.To explain, he gave an insight into the JAAA cash flow that included a reference to the association’s major sponsor, German sportswear firm Puma. “The money from Puma, you know, comes in tranches and, usually, at this time of the year, we are facing a serious cash flow problem,” he reported. Blake said tighter management has enabled the association to avoid bank loans this year.last_img read more


Tag: 杭州百花坊官网

first_img10 February 2014South Africa’s George Coetzee captured his first European Tour title on Sunday when he lifted the Joburg Open at the Royal Johannesburg & Kensington Golf Club.Before the event, which is co-santioned by the Sunshine Tour, Coetzee had recorded 24 top-10 finishes, but on the 25th occasion he made sure of victory, winning by three shots on 19-under-par 268 after closing with a six-under-par 66.‘You need a little bit of luck’“You need a little bit of luck to win these things,” he told the Sunshine Tour website afterwards.“On 15 I pulled my driver and that was the decider, because it should have gone into the water, but instead it hit a tree and bounced back into the fairway.“You always have this plan in mind for yourself when you’re coming down the stretch and it never goes the way you think it will. I’m very happy to have finished the job,” he said.‘You need a little bit of luck’With the Joburg Open serving as qualifying event for the new Open Qualifying Series, Coetzee also secured a place at this year’s Open Championship, which takes place at Royal Liverpool in July.Fellow South African Justin Walters and South Korea’s Jin Jeong shared second place with Tyrell Hutton on 16-under-par 271 and were also rewarded with guaranteed places at The Open. Hutton missed out based on his world ranking.Interviewed on Radio 702 on Monday morning, Coetzee said he hoped his victory would lead to him receiving an invitation to play in the Nedbank Golf Challenge. He also said he looked forward to contesting the Volvo Golf Champions, which is open to winners of European Tour events during the season, and to those players that have won 10 or more European Tour titles in their careers.World rankingHis victory lifted him from 73rd in the Official World Golf Rankings up to 59th place, behind only Charl Schwartzel (18), Louis Oosthuizen (34), Ernie Els (35), and Branden Grace (47).Coetzee’s victory was the sixth by a South African in the eight years the tournament has been held. He succeeded Richard Sterne as champion.‘Mixed emotions’Walters was tied for the lead after three rounds with Thomas Aiken on 17-under-par and admitted he had mixed emotions after finishing second. “[At the] beginning of the week if you gave me second place, I would have put my feet up and taken it, but given the situation I’m a little disappointed,” Walters said.“It’s bittersweet, though, because I’ve earned a place at The Open and that’s the major we’ve all dreamed of playing in since we were kids.”The European Tour next moves to the East London Golf Club for the Africa Open, which it co-sanctions with the Sunshine Tour. The event tees off on Thursday, 13 February.LEADERBOARDGeorge Coetzee (RSA) 268 (-19) 65, 68, 69, 66Tyrell Hatton (Eng) 271 (-16) 67, 69, 69, 66Jin Jeong (Kor) 271 (-16) 65, 69, 66, 71Justin Walters (RSA) 271 (-16) 64, 70, 64, 73Andy Sullivan (Eng) 272 (-15) 66, 72, 69, 65Alvaro Quiros (Esp) 272 (-15) 69, 68, 69, 66Matthew Baldwin 272 (-15) 68, 69, 68, 67Thomas Aiken (RSA) 272 (-15) 70, 65, 53, 74Danie van Tonder (RSA) 273 (-14) 65, 72, 69, 67Seve Benson (Eng) 274 (-13) 68, 68, 70, 68Ross Fisher (Eng) 274 (-13) 69, 69, 68, 68Robert-Jan Derksen (Ned) 274 (-13) 65, 74, 67, 68Anthony Wall (Eng) 274 (-13) 60, 70, 66, 69David Horsey (Eng) 274 (-13) 70, 63, 70, 71Roope Kakko (Fin) 274 (-13) 70, 64, 67, 73last_img read more