The CADF Funding Committee was held in Geneva on June 14th 2017 with the presence of the cycling stakeholders’ representatives.
Following the proposal of the International Association of Professional Cycling Teams (AIGCP), the CADF Foundation Board approved Mr. Javier Barrio’s appointment, AIGCP Managing Director, as the new chairman of the Funding Committee.
During this meeting, the CADF presented the 2016 Activity Report, the 2016 Financial Statement, an update on the 2017 financial position and the 2018 budget.
The CADF has a unique model where the Sport’s stakeholders directly contribute financially to its activities. The CADF Funding Committee is composed of representatives from key cycling stakeholders, namely the Union Cycliste Internationale (UCI), the International Association of Professional Cycling Teams (AIGCP), The International Association of Race Organisers (AIOCC) and the Cyclistes Professionnels Associés (CPA).