FIA Monetary Outcomes 2024
In the course of the end-of-year awards ceremony held in Rwanda’s capital, Kigali, the FIA issued an announcement positively commenting on the monetary report for the 2024 season. The group, led by Emirati Mohammed Ben Sulayem – who till a number of days in the past had highlighted an absence of funds to rent a pool {of professional} stewards – introduced the monetary outcomes, emphasizing the numerous discount in working prices with out chopping new initiatives.
This achievement was made potential because of better deal with financial savings and elevated FIA revenues. Within the press launch, Place de la Concorde additionally offered some figures for instance the extent of the development. The deficit of 24 million euros recorded in 2021 has changed into a revenue of two.2 million euros in 2024. These figures, in response to the Federation itself, are one of the best prior to now seven years and the primary optimistic outcomes since 2018.
Ben Sulayem’s Remark
“This end result,” explains Ben Sulayem, “is the fruit of our dedication to reforming the group within the areas of governance and funds. The brand new FIA management inherited an unsustainable monetary scenario in 2022. We labored laborious to scale back a major deficit and stabilized the general monetary well being of the Federation. We carried out value containment measures and income technology methods to position the FIA on a extra sustainable monetary footing and to meet our major goal, which is to assist our member golf equipment.”
Dec 13, 2024
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