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Konstantin Grigorishin: “100 times more bureaucrats (parasites) in Olympic sport than there are in the world of professional, commercialised sport.”

by ZwemZa on December 6th, 2018

Konstantin Grigorishin (isl.global)

As stated by The Sunday Times earlier last week, Britain is one of more than 15 leading swimming nations that have defied global swim bosses and deliberately breached outdated rules by backing a breakaway International Swimming League (ISL) in its struggle to end the monopoly of their sport by FINA.

Last month, the international swimming federation forced the cancellation of the Energy for Swim event in Turin, referring to the rules, which European Union’s Competition Authority has outlawed.
Konstantin Grigorishin, the financier and the ideological leader of the ISL and the postponed meet in Turin, in his interview for The Sunday Times shared, that he believes “swimmers have been “mind-conditioned” to accept their lot.” Grigorishin openly describes Olympic bureaucrats as “parasites”. He notes, “100 times more bureaucrats (parasites) in Olympic sport than there are in the world of professional, commercialised sport.”
Simple math: UEFA has 500 employees and an annual revenue of approximately $3.3bn, while the average salaries of $1.5m are being paid to about 1,500 players.
The top five Olympic sports, including swimming, track and field are run by around 80,000 bureaucrats, and the revenue is around $4bn. The 1,000 best athletes, in this case, have an average income from their work of $25,000.
Grigorishin concludes: “So, the Olympic sports model is 100 times less efficient for the athletes than normal pro sport … and each Olympic athlete has to support 100 more bureaucrats (parasites) than in pro sport.”

The financial model the International Swimming League, similarly to the model of, for example, the NBA, gives 50% of its revenue to the athletes, as opposed to a share of less than 5% distributed to swimmers from FINA’s revenue. Additional benefits would include rights to insurance, pension, and other standard work benefits.

In an exclusive interview for The Sunday Times last week, Grigorishin threatened “big litigation” against FINA if they seek to prevent the launch of the League series in the United States in August next year. That has added further pressure to a growing FINA crisis.
Five men from the FINA’s top table has now included at the center of separate investigations in at least seven countries, some cases involving cross-border police operations.
Among allegations are those of ordering a murder, transferring almost $1m to the bank account of a soccer official indicted for bribery by the US Justice Department, stealing Olympic kit in schemes said to have involved the misappropriation of money, overpricing bids for sports goods acquired to help swimmers and water-polo players prepare for the Rio 2016 Olympic Games and failing to report doping cases, reports The Sunday Times.
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