Wednesday, June 11, 2008
Thailand to host CYC
THAILAND is set to take over from Malaysia as hosts of the controversial Champions Youth Cup (CYC).
The legal wrangle between CYC promoter Gifted Group Limited and the Sports Ministry, however, has yet to be settled.
Thankfully the present Sports Minister Datuk Ismail Sabri Yaakob is a legal eagle. Then again, so was his immediate predecessor, Datuk Seri Azalina Othman Said, who claimed the Cabinet Committee on Sports Development approved the CYC.
But I doubt very much the terms of reference of the Cabinet Committee chaired by Datuk Seri Mohd Najib Tun Razak entail among others the right to approve an international event held in Malaysia!
Now...how to recoup or save the RM12 million disbursed by the Ministry to the promoter?
Add another RM17 million paid as staging rights for last year's inaugural edition, the Malaysian Government have spent RM29 million for CYC alone!
I wonder if the Thai government is as generous when recession is looming...