Elected in March
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The president of the ball association Wang Linxiang, just before the handover will have to face the financial dilemma of a clever woman without rice, announced the sad news of the suspension of the youth league, by the many teams participating in the whole of Taiwan and the parents of the protests. Recently, some parents even sought a legislator to hold a high-profile press conference to present their case, and on their personal Facebook page and the fan page of the Football Parents Support Group, which they host, they put forward the interpretation of the financial statements of the de-vectorization as a Chinese
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The ball association also has the financial resources to re-establish a youth league. It is obvious from the parent's short article that he is unfamiliar with the financial mode of operation of non-profit-making organizations and has misjudged the financial situation of the Chinese football association.
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The ball association's 2022 financial turnaround doesn't mean the book losses from years prior to that don't have to be repaid.
China (alternate formal name)
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In the past, the Association has defaulted on payments to manufacturers or individuals, and after the re-election of the last four presidents and supervisors, various financial situations have often arisen, resulting in the Association's poor reputation over the past decade. Therefore, if Qiu Yiren and Zheng Wenchan, the former chairman of the Board of Directors, wanted to open up new sources of income, they could only hold on to their personal political prestige and seek sponsorship from governmental units, government-owned banks or friendly enterprises. However, the results were not as good as those of the Chinese
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Over the years, the ball association has repeatedly defaulted on payments to the court, bringing negative perceptions to the outside world and discouragement.
Improvement of China during Qiu Yiren's former presidency
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The accounting system of the ball association, announced the financial statements of 2018 to 2021, although complete, but without actually participating in it, we have to speculate from the books that the current cash flow of the association is not in danger, and refute the association's debt of 90 million dollars can still continue to run the youth league, it is a de-vegetation and not prudent and proper argument. If readers look back at the past ten years, they will find that the China National Football League (CNFL) has been a major player in the past ten years.
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In addition to the various international tournaments and team training routinely handled each year, the association also organizes domestic soccer activities such as the Taiwan Corporate First Division League, the Mulan League, the School Children's Cup, and the Junior Cup, as well as increasing the business of the Taiwan Corporate Second Division League and the Youth League from 2020 onward. During the nine years from Lin Chung-cheng to Chiu Yi-ren's management of the association, the debt has swelled from more than 10 million to tens of millions of dollars due to the fact that the number of employees is always maintained at more than 20, even though the employees are generally low-paid and do not receive overtime pay, and that the sum of the monthly personnel expenditures is a heavy expense.
What's more, Qiu Yiren in the second year of his term as chairman of the board of directors, coinciding with the new Crown pneumonia (Covid-19) swept the world, the epidemic in our country from the end of 2019 to the middle of 2022, the gradual tightening of anti-epidemic measures and the slow lifting of the ban on the course of the epidemic, resulting in the Chinese
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A number of the association's annual events could not be held as planned, but the association had to maintain the salaries of more than 20 employees, which made the association's finances continue to be unable to make ends meet for quite some time. As a result, the Ministry of Education's Sports Department launched the Sports Industry Relief Program in April 2020 to inject funds into individual sports associations, allowing many of them to take out low-interest loans to survive the winter of the epidemic. These factors are all part of China's
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The ball association's debt, from Qiu Yiren in charge of the association's initial debt of more than 30 million, after four years of disastrous operation to hand over the baton to the outgoing mayor of Taoyuan Cheng Wen-Chan, former chairman of the board of directors, the debt owed to the outside world of various units, manufacturers have been facing expiration of the debt one after another.
Non-profit organizations in China
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The Association's financial sources over the years have mainly been subsidies from the International Football Association (FIFA), the Asian Football Confederation (AFC), and the Ministry of Education's Sports Department, supplemented by membership fees for groups or individuals, registration fees for workshops and tournaments, and corporate sponsorships. It is obvious that the association relies on subsidies every year, and it is not easy to find new sources of income, yet the youth league has increased the burden of opening. Moreover, the subsidies need to wait for the club to complete 100% of the amount of write-offs before allocating funds from international sports organizations or government treasuries in accordance with the amount of subsidies that have been previously submitted and approved, so during the period of various types of salaries and activities, the Chunghwa Football Association will not be able to pay for the subsidies.
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The cash flow of the association is usually borne by the chairman, vice-chairman, and even the supervisors. Otherwise, they have to wait for the completion of the activities and the completion of underwriting operations before paying salaries to the external instructors, competition officials, judges, etc., who handle the activities, and as long as there are problems with the underwriting operations, they have to go back and forth to deal with the problems, which often takes several days to several months.
Inevitably, Cheng Wen-Chan joined the cabinet as vice president of the Executive Yuan, allowing the Chinese
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The ball game association was idle for the whole winter. In this year's Lunar New Year re-election of the chairman of the board of directors, in the rapid handover of Wang Lin-Xiang, chairman of the board of directors, assumed office, had to face the accumulation of ten years, more than 80 million dollars, but the huge debt is still increasing, forced to save money for the Association, and categorically made the decision to suspend the operation. In 2022, during the tenure of Qiu Yiren and Cheng Wen-Chan, the Chinese Association for the Advancement of Feminism (CAFAM) had to pay a huge debt of 80 million dollars, which had accumulated over the past ten years.
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The activities of the Association are still in progress, and it is necessary to advance a considerable amount of money before the subsidy is written off and deposited into the treasury. Therefore, after the re-election of the new chairman and the board of directors, it is necessary to inject sufficient funds to maintain the daily expenses as soon as possible, but after August 2022, the Association will have to pay for the subsidies.
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Ball Association for two consecutive re-election period, the activities have been completed but in the group without a leader, the Secretary General of the following replacement of the situation, to be the successor to immediately carry out the write-off of business is unlikely to be smooth, then this period of advances by who to come out of it?
