FINANCING AND COST STABILITY
WHAT IS BEHIND THE FINANCING AND COST STABILITY ACTION AREA?
Ensure the financing and cost stability of the sporting event: Ensuring the financial sustainability of sporting events is crucial to their success. In addition to determining realistic planning figures, it is necessary to take into account financing risks such as currency, interest rate, inflation, market and default risks. The planning processes in scenarios and the consideration of liquidity flows play a central role here. Risk management is essential and includes measures such as the diversification of financing sources or the creation of financial reserves.
Particular attention is paid to the disclosure of the use of public funds and the avoidance of the privatisation of surpluses at the expense of the public. This requires transparent practices in which the use of public funds is explained. It is essential to ensure that costs are not borne exclusively by the general public, while profits are privatised. Payment processing can serve as an effective governance tool to enable organisations and public funders to promote sustainability efforts and ensure that financial resources are used in accordance with transparent and ethical standards.
TARGETS AND SUB-TARGETS
- The share of public funding is presented transparently and the utilisation of funds is communicated.
- Relevant financial risks are identified and assessed in the run-up to the sporting event.
- Sufficient measures are being prepared and implemented to prevent the main financial risks and to take remedial action.
- The identified financial risks are subject to regular monitoring.
- Incoming and outgoing payments are subject to regular monitoring.
- The balance of income and expenditure is subject to continuous monitoring.
- The liquidity ratio benchmarks are adhered to and are subject to continuous monitoring.
- The (partial) budget utilisation is presented and is subject to continuous monitoring.
- The handling of the profit or loss is presented publicly and transparently.
LINKED SUSTAINABLE DEVELOPMENT GOALS
The Financing and Cost Stability action area addresses the following sustainable development goals from the United Nations 2030 Agenda.

