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Date
25 Aug 2003
Tags
Olympic News

Financial Support for the International Paralympic Committee (IPC)


The President of the International Olympic Committee (IOC), Jacques Rogge, and the President of the International Paralympic Committee (IPC), Phil Craven, signed an amendment to the IOC/IPC Agreement of 19 June 2001 on the organisation of the Paralympic Games.




In return for TV and marketing
This amendment is aimed at ensuring that Organising Committees for the Olympic Games (OCOGs) pay the IPC nine million US dollars for the Games of the XXIX Olympiad in 2008, and 14 million dollars for the XXI Olympic Winter Games in 2010 and the Games of the XXX Olympiad in 2012 for broadcasting and marketing related to the 2008, 2010 and 2012 Paralympic Games.




A big day
The IOC President said "This is a big day for the Olympic Movement. The IOC is happy to be able to support the IPC for these forthcoming editions of the Paralympic Games and, in doing so, to strengthen its relations with the Paralympic Movement".




Excellent foundation
"The amendment lays an excellent foundation for the IPC's quest to fully develop the Paralympic Movement - a huge task, which we can now begin to explore. It also emphasises the close partnership which continues between the IOC and the IPC", said Mr Craven who visited after the signing ceremony the Olympic Museum in Lausanne.




From 400 to 3 843
The Paralympic Games are elite sports events for athletes from six different disability groups. They aim to emphasise the participants' athletic achievements rather than their disability. The number of athletes competing in the Summer Paralympic Games has increased from 400 in Rome in 1960 to 3,843 in Sydney in 2000, with a record 123 countries participating.






Read the press release




Official website of the International Paralympic Committee
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