World Equestrian Games Organizers say Finances on Target

The new head of the group planning the Alltech FEI World Equestrian Games is making it his mission to improve public perception of the Games’ financial condition.

The worldwide economic slump is causing “unwarranted concern that things aren’t going well,” Jamie Link said Thursday.

But Link, who became chief executive officer of the World Games 2010 Foundation in January, said there is no reason for concern.

Link said he and other organizers of the 2010 Games at the Kentucky Horse Park are “comfortable” with the foundation’s financial situation.

“We are right on target,” he told the foundation’s board of directors. “We are in as good a shape as we should be at this time.”

Later, in an interview, Link said rumors are being spread by radio talk show callers that the economy is forcing the Games to be postponed from the original start day of Sept. 25, 2010, or that they are being moved to the Middle East kingdom of Dubai.

However, Dubai also has been hard hit by the recession, according to news reports.

To counter the rumors, Link has been a guest on one popular call-in radio show and might do others.

The foundation also is planning a brown bag program Feb. 25 at the Lexington Public Library called “The 2010 Games and The Economy.”..

Read the entire article By Jim Jordan
Date: 02-13-2009
Source: www.kentucky.com