Financial Integrity in Sport

Financial integrity and transparency is a cornerstone of good governance. While significant strides have been made in the last decade, there is evidence of room for improvement in some existing systems. SIGA has identified opportunities to support further progress, in order to help sport align itself with improved best practice benchmarks from other organisations.

The Universal Standards on Financial Integrity reflect the concerns and responsibilities of governing bodies, clubs, leagues, competition organisers, athletes and other key stakeholders. They are designed to help meet the significant challenges faced by sport and its stakeholders in many areas, ranging from the ownership of clubs and players to the opaque nature of the transfer system, inadequate club licensing, regulation of the activities of agents, tax evasion, money laundering, corruption in procurement and contracting and in the bidding processes for sports events.

The three pillars of the Universal Standards on Financial Integrity are:

  • Transparency and integrity – producing and publicising reliable financial information.
  • Financial sustainability – generating value over time through sound management.
  • Fiscal responsibility – meeting obligations on tax and social payments.

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SIGA @SIGAlliance Director of our Global Sports Policy unit @EmmaMcClarkin calls the Cooperation Agreement between @UEFA and… https://t.co/RZ5UYaItrQ 2 hours ago
SIGA @SIGAlliance Katie Simmonds, our General Counsel & Senior Director, Global Partnerships reflects on the @UEFA-@SIGAlliance Coope… https://t.co/rFePtYj91D 4 hours ago
SIGA @SIGAlliance We look forward to working with @UEFA to secure and safeguard #integrity in European football at all levels. https://t.co/pV4AT5xnvT 7 hours ago
SIGA @SIGAlliance In case you missed it, today's @UEFA-SIGA Cooperation Agreement is a turning point for integrity in sport. This is… https://t.co/R2n7FzJPFC 19 hours ago
SIGA @SIGAlliance Our CEO @EmanuelGsc on today's @UEFA-@SIGAlliance Cooperation Agreement: “This Agreement sends a powerful signal to… https://t.co/7iHjedFjbb 21 hours ago
SIGA @SIGAlliance Thank you Your Royal Highness @AliBinAlHussein for your kind congratulations following the signing of the @UEFAhttps://t.co/a3xLIjZOGe 22 hours ago
SIGA @SIGAlliance We are proud and honoured to have signed today's landmark Cooperation Agreement with @UEFA. Working together with t… https://t.co/l6Bez7kT8R 22 hours ago
SIGA @SIGAlliance 🔊FIRST ROUND OF SPEAKERS ANNOUNCED! Check out the link for more details on speakers, draft agenda & to register now… https://t.co/kn2CUv94du 4 days ago