Cinderella sports face ruin if new cost-cutting rules by the National Lotteries Commission are imposed‚ top SA Sports Confederation and Olympic Committee (Sascoc) officials warn. Rowing‚ swimming‚ athletics and triathlon — which produced nine of the country’s 10 medals at the 2016 Rio Olympic Games — are all at risk. The Lotto has introduced two hammer blows in its latest regulations. One is a cooling-off period that will prevent organisations from applying for a year after a successful application. The other is downgrading Sascoc‚ the umbrella body responsible for sending teams to multisport events‚ to the status of national federation. That means grants to Sascoc would be capped at R5m for an effective two-year period — a huge cut from recent allocations that have topped R100m a year. As it is‚ national federations would get R5m every two years instead of every 12 months. Sascoc president Gideon Sam said on Tuesday he had already been in talks with the commission and would engage ...
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