World Sailing is showing its support by creating a centralised funding page to provide much needed financial aid to Ukrainian sailors. All funds pledged will go to the Sailing Federation of Ukraine who will distribute it to the athletes.
As part of the sanctions being imposed on Russia by governments for its invasion of Ukraine, Bloomberg has reported that Finland has taken legal custody of 21 yachts
Italian police have seized a yacht owned by Alexei Mordashov, the richest man in Russia before being blacklisted this week by the European Union following Moscow’s attack on Ukraine
At the recent 2021 Annual Conference World Sailing presented a Finance Report which prioritised the allocation of resources and cash for investment in Participation and Development, Technical services, IT and Website development, and the staff resources to deliver these services
In the recently published World Sailing (UK) Ltd Audited Accounts for 2020, World Sailing indicated that the successful delivery of the Tokyo 2020 Games in August 2021 had alleviated the critical financial risks associated with the cancellation of the Games
A report has appeared that World Sailing Ethics Commission has issued World Sailing President Kim Andersen a ‘Warning’ after abusing the signatures of his vice presidents
