Daily Management Review

Amid Weak Ticket Sales 'Major Budget Cuts' to Hit all Teams Attending Paralympics Games


08/21/2016




Amid Weak Ticket Sales 'Major Budget Cuts' to Hit all Teams Attending Paralympics Games
A venue will close down, facilities will be dismantled and the workforce will be reduced due to the deep budget cuts for the Paralympics which are scheduled to be held in Rio. However, the organizers confirmed that the Paralympics would go on as scheduled and start next month.
 
In recession-battered Brazil, there has been less than expected sale of tickets for the ongoing Olympics games and this has already impacted the operations at the Olympics that would come to a close on Sunday.
 
The organizers of Rio Paralympics hoped to build on progress made at the well-attended games in London four years ago even as Rio has less than three weeks to prepare for Paralympics, the pinnacle of the disability sport calendar. Ticket sales of just over 290,000 tickets for the Sept. 7-18 Paralympics have been reported by the Rio organizers of the Paralympics.
 
"At this point it is difficult for us to expect the full venues that we saw in Beijing or London, or expect to see in Tokyo in four years' time," International Paralympic Committee President Philip Craven said Friday.
 
The new, deeper "major budget cuts" will affect every team and visitors to the games, the IPC said and it had already sought to reduce costs over the last year.
 
"Never before in the 56-year history of the Paralympic Games have we faced circumstances like this. Since becoming aware of the full scale of the problem, we have focused all of our efforts on finding solutions to the problems," Craven said.
 
The IPC said the government will bring in up to 100 million reals ($31 million) of sponsorship from state-run companies and it has secured an additional 150 million reals ($47 million) in funding from Rio mayor Eduardo Paes.
 
Despite this media centers at the Paralympics games would be closed, transport services would be cut and the workforce for the Paralympics will still be reduced. The Deorodo Olympic Park will be allowed to be closed and dismantled as the wheelchair fencing competition will move to a new venue.
 
It has been more than a month that the grants of more than $7 million that the Rio organizers were to make to the 165 participating countries are still due to be handed over. Although there will be no Russians after the country was suspended from the IPC over its state-sponsored doping scheme, the first athletes are due to arrive on Aug. 31.
 
"Currently we have around 10 countries who, even if the grants are paid, may struggle to cover the cost of their travel to the games. The IPC is working with them to find solutions and ensure their participation here in Rio," Craven said.

Concerns that the Paralympics games are being set back by Rios constraints were expressed by Britain's Paralympic body.
 
"London 2012 proudly showed the world what was possible and we want Rio to be the next stage of that positive journey. The IPC's announcement makes clear that there is major risk to that," the British Paralympic Association said.
 
(Source:www.cnbc.com) 






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