Release from the TTOC
There are some concerns about the funding of the T&T Pan Am Games team but rest assured we are working diligently to overcome the financial hurdle Trinidad and Tobago Olympic Committee(TTOC) president Micheal Romany told delegates at the TTOC Annual General Meeting held yesterday at Olympic House, 121 Abercromby Street, Port.of. Spain.
Romany alerted affiliates during his extended report on the TTOC's 2010 activities .Delegates also received and approved the organisation's audited financial accounts.A presentation was also done by Cartan Tours, the TTOC's official Authorised Ticket Reseller for the London 2012 Olympic games.
According to Romany, the TTOC executive has agreed a course of action in respect of ensuring that the quality of T&T's representation at the Pan Am games ,scheduled for Guadalajara,Mexico in October this year, is not compromised due to the financial uncertainty.
Romany,however, reminded delegates that the TTOC is a not for profit organisation and that any funding that is received from the IOC and corporate sponsors are programme and project specific. The organisation,therefore,cannot use programme and project dedicated funding for Game travel.
" In the last decade funding for travel to CAC,Pan Am and Commonwealth Games came from the Ministry of Sport. So the unwelcome spectacle of athletes,coaches and administrators having to pay their own way has not been on the table.As far as possible we(TTOC) will strive to ensure that those athletes with a realistic chance of a podium finish will attend the games .It is very possible that the team size will be smaller than in recent years."
Romany told delegates that overall the TTOC had a very positive year and the organisation was audited by the IOC and corporate sponsors and received high marks for its transparent and meticulous management and use of grants and funds. He also reported that the TTOC's community based programmes received international recognition and acclaim.