Saudi fund to pay for jumping’s Nations Cup
The Saudi Equestrian Fund created by King Abdullah is to stump upward for the 2012 FEI Nations Cup jumping series, together with volition likewise live championship sponsor for v years from 2013.
FEI President Princess Haya made the statement yesterday at the opening of the FEI Sports Forum inwards Lausanne inwards Switzerland.
The move will finance the revitalisation of the FEI Nations Cup series, together with the statement was greeted alongside spontaneous applause from the 250 delegates deal the Sports Forum.
The Saudi Equestrian Fund was created past times King Abdullah bin Abdulaziz past times majestic decree inwards Nov 2009 to hand the Kingdom of Kingdom of Saudi Arabia a lasting legacy inwards equestrianism through sport together with cultural events.
“We believe this is a fantastic chance to save 1 of the flagship events together with heritage of the FEI”, said HH Prince Faisal Bin Abdullah Al Saud, Chairman of the Saudi Equestrian Board of Trustees.
“We desire to live business office of the procedure that volition elevate the Nations Cup concept, together with aid it teach a really global, contemporary product. The objective is to construct the Nations Cup universal, fresh together with exciting.”
Ziyad Abduljawad, Managing Director of the Saudi Equestrian Fund said supporting the Nations Cup serial fitted perfectly alongside its mission to amend together with promote the increase of equestrian sport within together with exterior Saudi Arabia.
“The Nations Cup should live the pinnacle of equestrian sport. National pride together with competing for your patch furnish an extra dimension that drives the private to orbit peak performance. We believe inwards the ability of the Nations Cup to convey the best of equestrian sport to the world.”
Referring to the historic understanding inwards her opening spoken communication at the Sports Forum, FEI President HRH Princess Haya said: “We desire to limited our real special gratitude together with thank you lot to the Saudi Equestrian Fund, together with especially to HH Prince Faisal Bin Abdullah, for this wonderful back upward of the Nations Cup serial together with its future, together with for what they are doing for our sport. They are really visionary.”
Organisers of the 8 FEI Nations Cup Top League events were informed at a coming together alongside the FEI inwards Geneva lastly Dec that a funding solution had been found for the series, only no details of the understanding were released at that time. The FEI has been inwards ongoing discussions alongside the Saudi Equestrian Fund to formalise the understanding since then, resulting inwards yesterday’s announcement.
The Saudi Equestrian Fund volition live business office of discussions alongside the FEI on prize money, branding together with revitalisation of the series, alongside the twin goals of improving the overall prize coin for each lawsuit together with the overall degree of competition. As business office of the restructuring of the series, the concept volition live debated at this week’s Sports Forum, together with the FEI volition likewise practise a dedicated E-platform to facilitate a transparent together with opened upward process, allowing stakeholders farther opportunities to vocalization their opinions, together with furnish feedback together with follow-up.
The Saudi Equestrian Fund is slap-up to facilitate the alter together with has expressed the wishing that the number of the renovation procedure is a concept that is supported past times all parties. The Fund volition furnish fiscal back upward inwards social club to ensure the continuity of the 2012 serial during the transition to the novel concept which volition live launched inwards 2013.
The Board of Trustees of the Saudi Equestrian Fund is likewise supporting a major exhibition inwards the British Museum inwards London entitled The Horse: from Arabia to Royal Ascot. The exhibition, which runs from 24 May to xxx September, charts the history of the horse, from ancient culture to modern twenty-four hr stream sporting events together with includes of import loans from the British Library, Fitzwilliam Museum together with the Royal Armouries, equally good equally rare cloth from Saudi Arabia.
The FEI Nations Cup is the oldest of the FEI serial together with the squad contest has existed for over a century. It was inwards 1964 that the Nations Cup became a serial when a ranking was established. Since together with thence it has gone through several transformations, run equally the President’s Cup, the Prince Philip Trophy, together with to a greater extent than of late equally the Super League. In recent years in that place has been an awareness that the concept was inwards take away of a major review together with the restructuring procedure is seen equally fundamental to ensuring the time to come of the series.
The FEI Nations Cup Top League is currently run at 8 selected European venues, only the concept volition live debated at the Sports Forum inwards Lausanne and, next farther consultation, proposed changes to the format volition live voted on at the General Assembly inwards Istanbul (Turkey) inwards November.
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