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.

Latest Tweets

SIGA @SIGAlliance Check out Inside World Football's article from the @SIGAlliance Special Session in NYC: "A question of trust. SIGA’… https://t.co/2mSemtKlEk 2 hours ago
SIGA @SIGAlliance Dr Hajar Abulfazl, shares her experiences of sport in her native Afghanistan in the @SIGAlliance Millennials Matter… https://t.co/fVMonlrTsj 19 hours ago
SIGA @SIGAlliance Bethany Henderson discusses the values that @DCSCORES promote to youths in sport during @SIGAlliance Millennials Po… https://t.co/ZIZlnfEtbO 22 hours ago
SIGA @SIGAlliance Today is @AntiSlaveryDay. Trafficking of young athletes is a dark side of the sports industry. @SIGAlliance is comm… https://t.co/IknHI2AXvI 1 day ago
SIGA @SIGAlliance RT @MaggieMrphy: Loved hosting this podcast with these brilliant #WomenInSport last month. Have a listen to what they are doing to promote… 2 days ago
SIGA @SIGAlliance Our latest @SIGAlliance Millennials Matter Podcast recorded at @GWtweets is now available. Our impressive line-up o… https://t.co/1DRxfSwnVp 2 days ago
SIGA @SIGAlliance 1 week ago today: @SIGAlliance held a Special Session in New York Supported by @Mastercard & @Octagon discussing th… https://t.co/4ISdd7qAn6 2 days ago
SIGA @SIGAlliance .@MaggieMrphy updated @Europarl_EN event with @mission_89 on the development of the @SIGAlliance Universal Standar… https://t.co/iv35uAoirf 2 days ago