THE Malaysian Hockey Confederation (MHC) Executive Board has decided to impose sanction fees to states which organise international tournaments.
The Azlan Shah Cup hosted by Perak, and the Sultan of Johor Cup hosted by Johor will have to pay MHC sanction fees in the next editions.
"This is inline with what the International Hockey Federation (FIH) and Asian Hockey Comfederation (AHF) have been imposing on MHC for organising tournaments," said MHC CEO K. Logan Raj.
"These fees, however, will not burden the organisers. The amount is still being wrked out, but I would like to say again, it will not be exorbitant. The quantum acquired from each host will then be used for the development of the game," said Logan.
The mHC have also cleared their RM2.9 million in owing, assumed when the new MHC Executive Board was announced as administrators of the sport on May 13 2015.
"MHC president Datuk Sri Subahan Kamal had pledged to settle this enormous debt within 12 months of his administration. True to his words, this feat has been achieved after 11 months.
"According to the MHC Strategic Plan, fiscal governance remains one of the key milestones in our pursuit for overall excellence both on and off the field.
"We have announced that financially, we aspire to reduce Accounts Payable (AP) aging to a maximum of 30 days. We are now 91% compliant," said Logan.
The MHC also endorsed Japan Tours for the men and women's national teams.
"The men will play six matches from June 6-16 of which four will be will be practice and two official Test matches.
"The senior women will play five matches on May 2-10, against the Japan national juniors."
"The MHC has also initiated the TNB State League. As it stands, three States have kick-started their League, namely Malacca, Pahang and Kelantan. Each state will be granted RM 50,000 to run their League this year.
"An initial funding of RM 10,000, which makes 20% of the total RM50,000 granted, has been provided to the State HAs. The balance of which will be provided at a later date."
Sunday, April 17, 2016
Subscribe to:
Posts (Atom)