On Tuesday, the World Athletics and International Athletics Foundation (IAF) launched USD 5,00,000 to help the athletes, who are suffering from the financial difficulties in the time of this pandemic.
All the sporting activities have come to halt due to this pandemic, all the sportspersons are facing a loss of income as the tournaments have been postponed indefinitely.
Sebastian Coe, the president of World Athletics said in a statement, “I am in constant contact with athletes around the world and I know that many are experiencing financial hardship as a consequence of the shutdown of most international sports competition in the last two months.”
In addition to his statement he said, “Our professional athletes rely on prize money as part of their income and we’re mindful that our competition season, on both the track and road, is being severely impacted by the pandemic.”
Coe has scheduled a meeting later this week and in that meeting, they will discuss the different ways to raise funds so that they can help athletes as much as they can.
He further explained, “We are hopeful that we will be able to stage at least some competition later this year, but in the meantime we will also endeavour, through this fund and additional monies we intend to seek through the friends of our sport, to help as many athletes as possible.”
Around the world, 30,85,932 people have been affected from this disease and 2,12,580 people lost their lives. 9,34,807 people have been cured.