London:World Athletics, together with the International Athletics Foundation (IAF), on Tuesday launched a US$500,000 fund to support professional athletes experiencing financial hardship due to the coronavirus pandemic.
World Athletics President Sebastian Coe, who also chairs the IAF, said the fund would be used to assist athletes who have lost most of their income in the last few months due to the suspension of international competition while the world combats the global health emergency, a press statement on World Athletics’ official website, worldathletics.org, said.
Coe will chair an expert multi-regional working group to assess the applications for assistance, which will be submitted through World Athletics’ six area associations. (IANS)