site.btaMinistry to Provide Regular Updates on Sport Organizations Audits

Ministry to Provide Regular Updates on Sport Organizations Audits
Ministry to Provide Regular Updates on Sport Organizations Audits
The building of the Ministry of Sport and Youth (Photo: Council of Ministers)

The Ministry of Youth and Sports will provide regular, up-to-date information regarding the results of audits conducted on sports organizations.

The Ministry also confirmed the Bulgarian Wrestling Federation is required to repay BGN 314,570.05. Similar obligations also exist for the federations of weightlifting and tennis.

"In connection with the increasing number of inquiries in recent weeks regarding the debts of sports federations, the Ministry of Youth and Sports is providing information about the audits that have been carried out.

In accordance with the law, the Ministry conducts audits of sports organizations based on an approved annual plan, as well as in response to reports, petitions, and complaints. During these audits, oversight is exercised over the activities of the organizations and the financial resources they have spent, which were provided by the ministry.

In this regard, the ministry will regularly publish updated information about the results of these audits and the measures taken, in order to ensure transparency in the funding provided and the effective use of public resources.

Between January 1, 2025, and July 15, 2025, audits of 30 sports organizations were completed—28 planned and 2 unplanned. As a result of these audits, it was found that 11 federations had unspent funds under their contracts with the Ministry, and these sums have since been reimbursed to the ministry. For 16 organizations, no unspent funds were identified.

During the audit of the Bulgarian Federation of Fishing Sports, an amount of BGN 6,700 was identified for reimbursement. The federation has requested to repay the amount in installments.

In the case of the Bulgarian Shooting Federation, a total of BGN 57,221.16 is due for reimbursement. An installment agreement has been signed between the Ministry and the federation.

The audit of the Bulgarian Wrestling Federation revealed that BGN 314,570.05 BGN had to be reimbursed. A formal audit report has been prepared and delivered in connection with this finding.

Additionally, the following organizations also have outstanding funds to repay under contracts with the Ministry: the Bulgarian Weightlifting Federation (BGN 355,012.39), Bulgarian Tennis Federation (BGN 380,732.66), Bulgarian National Karate Federation (BGN 65,264.93)

Repayment agreements have been signed between the Ministry and these federations. According to the ministry, the repayments are made on schedule and in accordance with the agreed conditions.

/KT/

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By 01:27 on 08.08.2025 Today`s news

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