Federations worry Sascoc
Johannesburg - The SA Sports Confederation and Olympic Committee (Sascoc) says it is concerned over the financial positions of some of its member federations.
"It is disturbing that our national federations are in a financial quandary which is impacting negatively on their obligation to their various sporting codes participation at world sporting events," Sascoc chief executive Tubby Reddy said on Thursday.
The Olympic body said in a statement it had recently come to the rescue of two of its members that did not have the required cashflow to fund their participation at international events.
Sascoc said it made a R400 000 loan in bridging finance available to the SA Hockey Association to enable the national men's team to participate at the World League semi-finals that were held in Johor Bahru, Malaysia, earlier this month.
"Similarly, today (Thursday), Sascoc has gone ahead and assisted the SA Deaf Sports Federation with bridging finance totaling R1.5 million towards the team's participation in the 2013 Deaflympics in Sofia, Bulgaria," Sascoc said.
The South African team would participate in men's volleyball, women's volleyball, soccer, athletics, table tennis, swimming and cycling at the Deaflympics.
A total of 44 athletes and officials have been earmarked for participation at the event.
Sascoc said its main objective was to promote and develop high-performance sport in South Africa, as well as act as the controlling body for the preparation and delivery of Team South Africa at all multi-sport international games.
"However, we encourage national federations to do their part in sourcing finances so that they can successfully operate autonomously."