Sebastian Ko, chairman of the World Federation of athletics and chairman of the international track and field Foundation, said that the funds would be mainly used to help athletes who lost their income sources due to the delay of global events in the past few months.
Xinhua News Agency, Beijing, April 29 (Reporter Wu Junkuan, Wei Hua) the official website of the world Tian Lian reported on the 28th local time, the World Field Federation and the international track and field Foundation jointly launched a special fund of 500000 US dollars (about 3.54 million yuan) on the same day to help track and field athletes suffering from economic difficulties affected by the new coronavirus epidemic around the world.
Sebastian Ko, chairman of the World Federation of athletics and chairman of the international track and field Foundation, said that the funds would be mainly used to help athletes who lost their income sources due to the delay of global events in the past few months. The department will be responsible for leading a working group composed of experts from different fields to evaluate and review the funding applications reported by the track and field federation of all continents.
The World Field Federation said that the working group would hold a meeting this week to discuss and determine the process of distributing aid funds to athletes, and at the same time study the possibility of raising more funds through other channels, to help more athletes tide over difficulties. At present, the 500000 dollars will come from the funds allocated by the international track and field Foundation from the budgets of 2020 and 2021.