From Wikipedia, the free encyclopedia
The
Korea Sports Promotion Foundation
(KSPO) is a government-funded independently operated company based in
Songpa-gu
,
Seoul
,
South Korea
. Founded in 1989 to continue the legacy of the
1988 Summer Olympics
, it is run by the
Ministry of Culture, Sports and Tourism
.
History
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The Korea Sports Promotion Foundation was founded as the Seoul Olympic Sports Promotion Foundation the year after the
1988 Summer Olympics
hosted by Seoul.
[1]
Its original mandate was to manage the sports facilities, which have been opened for public use, specifically built for the Olympics due to concerns raised about Olympic venues being unused and going to waste at the end of the competition. The KSPO was founded to promote the use of those facilities by the public. Since then, it has expanded to include facilitating and supporting community-based sports programs, promoting an active lifestyle to the public and funding research in athlete performance.
[2]
The company receives funding from the government and revenue earned from Sports Toto, one of the country's few legal
betting
services.
[2]
[3]
Sports
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]
The KSPO sponsors two professional sports team (cycling and women's football) and athletes in the Olympic disciplines of canoeing, diving, fencing and marathon running and Paralympic skiing.
Notable athletes on its roster include fencers
Kim Jung-hwan
and
Gu Bon-gil
and diver
Woo Ha-ram
.
[9]
References
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]
External links
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]