{"id":70814,"date":"2021-10-20T13:53:11","date_gmt":"2021-10-20T13:53:11","guid":{"rendered":"https:\/\/asianvolleyball.net\/new\/?p=70814"},"modified":"2021-10-20T13:53:11","modified_gmt":"2021-10-20T13:53:11","slug":"fivb-finance-commission-meeting-held-via-a-videoconference","status":"publish","type":"post","link":"https:\/\/asianvolleyball.net\/new\/fivb-finance-commission-meeting-held-via-a-videoconference\/","title":{"rendered":"FIVB FINANCE COMMISSION MEETING HELD VIA A VIDEOCONFERENCE"},"content":{"rendered":"<style type=\"text\/css\"><\/style><p><strong>Commission receives a number of important financial reports<\/strong><\/p>\n<p>The FIVB Finance Commission held a meeting yesterday via videoconference with FIVB President Dr Ary S. Gra\u00e7a F\u00b0, Commission President Essa Hamza Al Failakawi and Secretary of the Commission Habu Gumel joining from the FIVB HQ.<\/p>\n<p>The 2020 financial accounts were presented to the Commission along with the report of the FIVB Controller and the External Auditors\u2019 Report by Deloitte. Additionally, an update on the FIVB\/Volleyball World was presented. The Commission also received updates on the 2021-2022 budget, the FIVB investment portfolio and financial regulations.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-70816\" src=\"https:\/\/asianvolleyball.net\/new\/wp-content\/uploads\/2021\/10\/2-4-300x218.jpeg\" alt=\"\" width=\"300\" height=\"218\" srcset=\"https:\/\/asianvolleyball.net\/new\/wp-content\/uploads\/2021\/10\/2-4-300x218.jpeg 300w, https:\/\/asianvolleyball.net\/new\/wp-content\/uploads\/2021\/10\/2-4-1024x745.jpeg 1024w, https:\/\/asianvolleyball.net\/new\/wp-content\/uploads\/2021\/10\/2-4-768x559.jpeg 768w, https:\/\/asianvolleyball.net\/new\/wp-content\/uploads\/2021\/10\/2-4-580x420.jpeg 580w, https:\/\/asianvolleyball.net\/new\/wp-content\/uploads\/2021\/10\/2-4-860x626.jpeg 860w, https:\/\/asianvolleyball.net\/new\/wp-content\/uploads\/2021\/10\/2-4-1160x844.jpeg 1160w, https:\/\/asianvolleyball.net\/new\/wp-content\/uploads\/2021\/10\/2-4-500x364.jpeg 500w, https:\/\/asianvolleyball.net\/new\/wp-content\/uploads\/2021\/10\/2-4-800x582.jpeg 800w, https:\/\/asianvolleyball.net\/new\/wp-content\/uploads\/2021\/10\/2-4-1280x932.jpeg 1280w, https:\/\/asianvolleyball.net\/new\/wp-content\/uploads\/2021\/10\/2-4.jpeg 1400w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>During the meeting, FIVB President Dr Ary S. Gra\u00e7a F\u00b0 said:<\/p>\n<p>\u201c2020 was a very important year for the FIVB. Even during the global COVID-19 pandemic, the FIVB managed to secure an innovative partnership with CVC Capital Partners and launch Volleyball World. Volleyball World is now the commercial entity for volleyball and beach volleyball around the world, and it aims to increase the profile and popularity of the sport through fresh investment.<\/p>\n<p>\u201cIt is critical for us to continue to follow the principles of good governance, accountability and transparency day by day. I strongly believe that money from sport should be reinvested into the sport. To achieve this this we launched the innovative Volleyball Empowerment, a revolutionary development programme where we support national teams, athletes and National Federations to achieve their goals and reach their full potential.\u201d<\/p>\n<p>The Finance Commission concluded its meeting by agreeing the following proposals for the consideration of the FIVB Board of Administration:<\/p>\n<p>1. To approve the Financial Report of the 2020 Accounts, Profit &amp; Loss, Balance Sheet<\/p>\n<p>2. To approve the FIVB Controller\u2019s report<\/p>\n<p>3. To approve Deloitte\u2019s External Auditors\u2019 report<\/p>\n<p>4. To approve the revision of the Budget 2021-2022 as per new structure and split of activities between FIVB and Volleyball World.<\/p>\n<p>Related links of AVC<br \/>\nAVC Website: click www.asianvolleyball.net<br \/>\nAVC Facebook: click www.Facebook.com\/AsianVolleyballConfederation<br \/>\nAVC Twitter: click: www.twitter.com\/AsianVolleyball<br \/>\nAVC Instagram: click: https:\/\/www.instagram.com\/avcvolley\/?hl=en<br \/>\nAVC Youtube: click: Asian Volleyball Confederation<br \/>\nAVC WeChat: Asian Volleyball Confederation<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Commission receives a number of important financial reports The FIVB Finance Commission held a meeting yesterday via videoconference with FIVB President Dr Ary S. Gra\u00e7a F\u00b0, Commission President Essa Hamza&#8230;<\/p>\n","protected":false},"author":9,"featured_media":70815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"pgc_sgb_lightbox_settings":"","_vp_format_video_url":"","_vp_image_focal_point":[],"footnotes":""},"categories":[100,86],"tags":[],"class_list":["post-70814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-slider","category-volleyball-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FIVB FINANCE COMMISSION MEETING HELD VIA A VIDEOCONFERENCE - Asian Volleyball Confederation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/asianvolleyball.net\/new\/fivb-finance-commission-meeting-held-via-a-videoconference\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FIVB FINANCE COMMISSION MEETING HELD VIA A VIDEOCONFERENCE - Asian Volleyball Confederation\" \/>\n<meta property=\"og:description\" content=\"Commission receives a number of important financial reports The FIVB Finance Commission held a meeting yesterday via videoconference with FIVB President Dr Ary S. 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