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 We look forward to participating in @MexicoIntegrity Conference on Sport Integrity in #MexicoCity on 3 October… https://t.co/PjEZ6NIzj9 18 hours ago
SIGA @SIGAlliance 🔔JOB ALERT 🔔 Are you an ambitious and proactive individual looking for a role in a global sports organisation? We… https://t.co/sHviTcL3jX 1 day ago
SIGA @SIGAlliance "Whether by deploying SIGA’s Independent Rating and Verification System or taking advantage of its training and cap… https://t.co/Gh8aeQa1K9 4 days ago
SIGA @SIGAlliance "SIGA is working hard to deliver their vision of sport played and governed under the highest integrity standards, f… https://t.co/u48k5Gm5A3 5 days ago
SIGA @SIGAlliance "We desire collaboration and action to clean up sport. This is why we are proud to be a Founding Member of SIGA."… https://t.co/WvgdWDh166 5 days ago
SIGA @SIGAlliance 📺WATCH Richard Caborn, former Minister of Sport of the UK,at the @SIGAlliance #SportIntegrityForum in #Geneva on 26… https://t.co/zHyO5UvM7f 6 days ago
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SIGA @SIGAlliance "Corporate boards want to know how money we invest in sport is being spent. I am certain that one day we will be ab… https://t.co/yt1ArbXZAd 1 week ago