South Africa and Self-Funding Policy

[Gen]

Success = funds

 

You cannot get success if you do not invest in the youth..and racing in SA alone will not get them to the top.. and sending a few riders to worlds once a year is definitely not the way to develop them.. they need to be racing against the best more often.

 

I have posted Hazel Magill 's story many times..a young lady who has found her own way to Europe to race and live..with zero aid from CSA.

 

Exactly the same can be said for Minnaar and Stander.. no aid from CSA they had to do it on their own.

 

Sent from my SM-N9005 using Tapatalk

[Frosty]

I am not disagreeing, but how do you get to R40K?

 

A flight to Europe and back can be had for R9k. What does the rest consist of.

 

Oh, CSA already collect R40 per entrant per event as a day licence.

A day licence is R35, and is only for the participants that don't register with CSA (Membership).

 

The number of day licences is not that high

[Frosty]

I did the Emperor's last month, 3384 entries for long and medium @ R10 CSA makes that R33840. The 947 has around 20000 which makes it R200000. This is 2 event's, why is there no funding ???

CSA take R2.50 and the region takes R3.50.

 

The total is R6 per rider.

 

Edit: I forgot the calendar fee to list the event and receive sanctioning... varies according to the race grade (R5500 for an A-grade event with 500km exclusivity).

 

Sent from my iPhone using Tapatalk

[Frosty]

Not all of us buy day licenses.... some of us have the annual version.... which saves you money after the 4th day of racing...... #smarterthansome.....

 

Still I would be interested to see CSA's financials.... and lifestyle audits on the senior staffing....

100%

 

 

Sent from my iPhone using Tapatalk

[V12man]

I would not blame the auditors, if the audit takes that amount of time and those are the costs involved, then so be it. If its a dog show internally and audit fees were only R50k I would assume that they did not do a proper job. The increase talks to inefficiencies from CSA internally. Maybe they were not following internal controls and had to perform a fully substantive approach?

 

The high audit fee tells a tale that all is not lekker at CSA. 

It's the year on year increase that means something.... just highlights a bigger question on competence of the place - not necessarily an issue with the auditors... (although not excluded as a possibility)

[V12man]

Maybe ask them at the next AGM or phone them?

 

For your interest, auditors remuneration was only R50,000 in 2013, R125,000 in 2014 and then R225,000 in 2015 

Funny that my organizations audit fees have NOT increased  in the past 3 years.... at a substantively higher turnover.... and risk profile...

 

Hell - I am not even a financial person.... and if I can find that in 3 minutes then what can a professional find in 3 hours?

[Adrian Fogg]

So sad!!!! Plenty of young potential and 'sorry but if you want to go you must pay your own way' but let them excel the powers that be will bask in 'their' glory.... 

[Phatman]

No.. they want to post a pic of the "team" leaving for wherever they are going all in their gagga tracksuits. ..you know social media and all.. they still need to keep up appearances and make it seem as if they are interested in all of it.

 

Sent from my SM-N9005 using Tapatalk

Tracksuits which said athletes would be required to purchase from CSA of course.

[Pure Savage]

Funny that my organizations audit fees have NOT increased in the past 3 years.... at a substantively higher turnover.... and risk profile...

 

Hell - I am not even a financial person.... and if I can find that in 3 minutes then what can a professional find in 3 hours?

If your audit timing has remained the same and scope the same then fee should be the same. Here it looks as there is a lot more work being done my auditors than there was 3 years ago. Maybe they adding other services under audit expense line item.

 

 

 

 

Sent from my iPhone using Tapatalk

[nonky]

Emperor's / 947 road race = 400 bucks

Sani mtb = approx R2,500 p/d with huge sponsorship

CSA fee + racing license = 600 bucks p/y

 

Where the hell is all the money going?

[Patchelicious]

Emperor's / 947 road race = 400 bucks

Sani mtb = approx R2,500 p/d with huge sponsorship

CSA fee + racing license = 600 bucks p/y

 

Where the hell is all the money going?

 

Surely Mike Bradley can answer these questions? Actually, not can't, SHOULD!

[Frosty]

Emperor's / 947 road race = 400 bucks

Sani mtb = approx R2,500 p/d with huge sponsorship

CSA fee + racing license = 600 bucks p/y

 

Where the hell is all the money going?

What money are you referring to?

 

In Gauteng, there are probably less than 600 licensed cyclists, so the R400 for the full racing licence is probably less than R24000 annually.

 

Rider levies, as I confirmed previously is R6.00 per rider per sanctioned event, split between CSA and the region.

 

 

Sent from my iPhone using Tapatalk

[Gen]

I know there was a guy selling some cools pens for a rider to go to SA camps a while ago.

He obviously knew the rider personally.

 

But is there a fund that people can donate to, which can help these riders out?

CSA needs one of those crowd funding pages...

 

In all seriousness, if the talent can get this set up right it could actually be a good thing.

Personally, I'd rather give my money directlky to the riders who needs it than to CSA.

For example, I give R10 to CSA, R8 probably goes under 'other' expenses, R1 to road, 50c to MTB, 25c each to track and BMX.

Yip.. here is Hazel's funding page. Other riders should consider this... but how do they get the word out to the general public ..that's a big obstacles

 

http://www.proquest.co.za/profiles/campaign_info/102

 

Sent from my SM-N9005 using Tapatalk

[Kranswurm]

What money are you referring to?

 

In Gauteng, there are probably less than 600 licensed cyclists, so the R400 for the full racing licence is probably less than R24000 annually.

 

Rider levies, as I confirmed previously is R6.00 per rider per sanctioned event, split between CSA and the region.

 

 

Sent from my iPhone using Tapatalk

Gee less than 600?

I would have thought a lot more through all disciplines and categories

Just shows how small this sport is at the end of the day

[Jewbacca]

I know of a South African chap who has won Kona Iron Man (and plenty of others) at age group numerous times, has won world champs duathlon, biathlon and cleaned up in major age group marathons all over the world and has received not a penny or a letter of congratulations from the SA sports governing body..... who had representatives there!