{"id":16441,"date":"2023-03-01T05:00:00","date_gmt":"2023-03-01T05:00:00","guid":{"rendered":"https:\/\/sports.runfyers.com\/index.php\/2023\/03\/01\/canada-soccers-finances-are-worse-than-you-thought\/"},"modified":"2023-03-01T05:00:00","modified_gmt":"2023-03-01T05:00:00","slug":"canada-soccers-finances-are-worse-than-you-thought","status":"publish","type":"post","link":"https:\/\/sports.runfyers.com\/index.php\/2023\/03\/01\/canada-soccers-finances-are-worse-than-you-thought\/","title":{"rendered":"Canada Soccer\u2019s finances are worse than you thought"},"content":{"rendered":"<p><\/p>\n<p>SOURCE: PATRICK T. FALLON\/AFP VIA GETTY IMAGES<\/p>\n<div>\n<p><strong>The GIST: <\/strong>As discussed on <a href=\"https:\/\/thegist.createsend1.com\/t\/t-l-fdrulkd-wbdhdluk-p\/\" target=\"_blank\" rel=\"noopener\">yesterday\u2019s episode of <em>The GIST of It<\/em><\/a>, it\u2019s a tumultuous time in international women\u2019s soccer. And that was <em>before<\/em> the news that Canada Soccer\u2019s finances are worse than you thought.<\/p>\n<ul>\n<li>According to TSN, CanWNT funding is \u201c<a href=\"https:\/\/thegist.createsend1.com\/t\/t-l-fdrulkd-wbdhdluk-x\/\" target=\"_blank\" rel=\"noopener\">on life support<\/a>\u201d and the governing body is accepting handouts to keep the program running, raising new questions about Canada Soccer\u2019s operations in the midst of a <a href=\"https:\/\/thegist.createsend1.com\/t\/t-l-fdrulkd-wbdhdluk-m\/\" target=\"_blank\" rel=\"noopener\">labor dispute<\/a> with the women\u2019s team.<\/li>\n<\/ul>\n<p><strong>The details:<\/strong> Last November, Canada Soccer reportedly couldn\u2019t afford to send the CanMNT to Qatar for the men\u2019s World Cup <em>and<\/em> the CanWNT to friendlies in Brazil. A \u201cprivate-sector donation\u201d came to the organization\u2019s rescue and footed the bill for most of the CanWNT\u2019s trip, as well as the women\u2019s U17 and U20 camps that month.<\/p>\n<p><strong>The context:<\/strong> Pressure\u2019s <a href=\"https:\/\/thegist.createsend1.com\/t\/t-l-fdrulkd-wbdhdluk-c\/\" target=\"_blank\" rel=\"noopener\">pushin\u2019 down<\/a> on Canada Soccer after the CanWNT played last month\u2019s SheBelieves Cup while protesting budget cuts. President Nick Bontis <a href=\"https:\/\/thegist.createsend1.com\/t\/t-l-fdrulkd-wbdhdluk-q\/\" target=\"_blank\" rel=\"noopener\">stepped down<\/a> on Monday after receiving a request for his resignation, and the governing body must now comply with a probe from the House of Commons\u2019 Heritage Committee.<\/p>\n<ul>\n<li>In a meeting yesterday, the committee <a href=\"https:\/\/thegist.createsend1.com\/t\/t-l-fdrulkd-wbdhdluk-a\/\" target=\"_blank\" rel=\"noopener\">directed Canada Soccer<\/a> to turn over its contract with Canada Soccer Business (CSB) and all board meeting minutes from 2017 by this Friday.<\/li>\n<li>CSB <a href=\"https:\/\/thegist.createsend1.com\/t\/t-l-fdrulkd-wbdhdluk-f\/\" target=\"_blank\" rel=\"noopener\">scored commercial rights<\/a> to the CanWNT and CanMNT in 2019, but the contract has raised red flags after details of the deal emerged last year. CSB pays $3.5M <em>max<\/em> annually for the rights, which should be <a href=\"https:\/\/thegist.createsend1.com\/t\/t-l-fdrulkd-wbdhdluk-z\/\" target=\"_blank\" rel=\"noopener\">closer to $15M<\/a> a year.<\/li>\n<\/ul>\n<p><strong>The lingering questions:<\/strong> Yesterday\u2019s report begs the question: Just how bad are Canada Soccer\u2019s finances, and what is CSB\u2019s role in the organization\u2019s economic woes? It also substantiates the CanWNT\u2019s concerns about its own budget, especially relating to public funds earmarked for the women\u2019s program.<\/p>\n<ul>\n<li>There\u2019s also a big decision facing the CanWNT: Will they officially go on strike once a legally-mandated 17-day countdown ends next week? They\u2019re on the clock.<\/li>\n<\/ul>\n<\/div>\n<p><script>\n  !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n  n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;\n  n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;\n  t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,\n  document,'script','https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n  fbq('init', '1716705275141133'); \/\/ Insert your pixel ID here.\n  fbq('track', 'PageView');\n      <\/script><br \/>\n<br \/><a href=\"https:\/\/www.thegistsports.com\/article\/3758006d-204c-40a5-8689-d86da68be35c\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SOURCE: PATRICK T. FALLON\/AFP VIA GETTY IMAGES The GIST: As discussed on yesterday\u2019s episode of The GIST of It, it\u2019s a tumultuous time in international women\u2019s soccer. And that was before the news that Canada Soccer\u2019s finances are worse than you thought. According to TSN, CanWNT funding is \u201con life support\u201d and the governing body [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[6805],"tags":[],"class_list":{"0":"post-16441","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-womens"},"_links":{"self":[{"href":"https:\/\/sports.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/16441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sports.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sports.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sports.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sports.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=16441"}],"version-history":[{"count":0,"href":"https:\/\/sports.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/16441\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sports.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/16442"}],"wp:attachment":[{"href":"https:\/\/sports.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=16441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sports.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=16441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sports.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=16441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}