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 our latest Newsletter for updates on all our thought leadership initiatives & events:… https://t.co/7QwPSdbvpE 4 days ago
SIGA @SIGAlliance “We want reforms & we want them now! 2020 marks the end of soundbites & cosmetic governance changes. Our independen… https://t.co/HFQctSbYxU 2 weeks ago
SIGA @SIGAlliance RT @UEFA: 📚 Are the kids back at school yet? ⚽ In 2019, UEFA announced that over the next four years, it will dedicate €11m to improving… 2 weeks ago
SIGA @SIGAlliance RT @AFDPGlobal: We’re delighted that our #FearlessFootball campaign has been selected by @Ahema6 for @BallandtheCity’s 2019 Global Citizens… 2 weeks ago
SIGA @SIGAlliance RT @McCainInstitute: “If you want to work with foreign victims of labor trafficking you must incorporate cultural competency, just as we in… 2 weeks ago
SIGA @SIGAlliance Happy New Year to our Members, Committed Supporters & Partners! We are committed to delivering our mission to adva… https://t.co/EFVMiY2LVB 3 weeks ago
SIGA @SIGAlliance Thank you to all our Members, Committed Supporters & Partners for your support in 2019 to promote #SportIntegrity.… https://t.co/1XWNyNzAB4 4 weeks ago
SIGA @SIGAlliance ICYMI: 1 week ago we held our 3rd SIGA Regional Summit, hosted by @NOCKOSOVO. Thank you 2 all speakers & delegates… https://t.co/WGmRIXZqhA 5 weeks ago