A business venture

Apparently the Olympic Council of Malaysia (OCM) has plans to contribute to the Sports Ministry's Sports Industry campaign.

Not to earn brownie points - or so I've been told - but OCM would like to see more individuals and companies set up business entities that will double up as clubs especially for athletics in the country.

OCM hopes;

1. With a business approach, this would interest more people to initiate such clubs where such clubs will not be overly dependent on funding from government but from members instead.

2. While there are many taekwondo and futsal academies in the country, OCM hopes to see more establishment catering for fencing and athletics to help cultivate the sporting culture at the grassroots, provide a form of guidance to those who leave school and widen the pool of talents.

Such establishments will be registered as companies and therefore will not fall under the ambit of the Sports Commissioner's Office. It can be a sole proprietor or a business venture with an existing organisation.

Coaches will have to be of certain levels while there is a strict grading method. If such regulations are met, OCM will endorse such establishments.

Sounds good in theory. Now the question is - will it work in reality?

HD says: Hmm...


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