In the past week, Equestrian Australia has lost funding from Sport Australia and filed for bankruptcy protection.
The issues have been ongoing and unresolved.
Background: Eyepopper of an article from the Sydney Morning Herald: A successful future for equestrian sport in Australia is in the balance
Iconic events cancelled; two young athletes killed in competition; directors parachuted onto the board, yet not financial at the time of their election; accusations of conflict of interest; a looming financial loss; a drug positive; top competitors moving overseas and doubts over its future as an Olympic sport.
Some eventing specifics, including the impact of Caitlyn Fischerâs and Olivia Inglisâs deaths and also that Tokyo wanted to drop eventing from the program but Australia kept it in.
This week, Sport Australia withdrew funding from Equine Australia over governance concerns like welfare and a series of resignations. Which, in turn, led Equestrian Australia to file for bankruptcy protection.
Equestrian Australia enters voluntary administration
Despite this, EA is insisting it will still send a team to Tokyo.
Coates confident Equine Australia will send team to Tokyo 2020 despite funding issues
Enjoy. Discuss.