The Philippine Olympic Committee and the National Sports Organizations (NSAs) under its branch must focus on training elite athletes, the Philippine Sports Commission (PSC) said, adding that it wants to focus its funding on grassroots development.
PSC Chair William “Bach” Ramirez on Tuesday reiterated the need for private funding for the NSA to cast their athletes in world-class betting, acknowledging that the financial reserves of state-run sports bodies are not an abyss.
“Most of the PSC funds went only for the training and participation of our elite athletes, leaving no money for grassroots development,” Ramirez told Inquirer.
The PSC has spent about P240 million for the Philippine team to participate in the just-concluded 31st Southeast Asian (SEA) Games, which translates to an overall finish of fourth place in Hanoi, Vietnam.
The budget for the SEA Games, released by PSC from the National Sports Development Fund, funded by shares from the Philippine Amusement and Gaming Corporation, covers the expenses of the entire 980-strong PH delegation, including 641 athletes from 38 sports.
Form of investment
Ramirez welcomed the support of private companies and foundations, such as the MVP Sports Foundation, which is helping several NSAs, but would need more financial support from outside government.
He encouraged other organizations and companies to recognize the value of investing in the development of athletes.
“PSC should really focus on the grassroots [development] When foreign training and participation of athletes belong to the NSA. They must learn to raise their own funds, “said Ramirez.
He explained that financing training programs for elite athletes for foreign competitions was extremely costly for the government, especially as the country began to recover from the adverse effects of the global health epidemic. INQ
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