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World Taekwondo eases financial burden on sponsors

World Taekwondo president Chungwon Choue (by Sergei SavostyanovTASS via Getty Images)

World Taekwondo has reached an agreement with several of its sponsors to postpone fees for 2020, and waive payments for 2021, amid financial pressures caused by Covid-19.

The sport’s world governing body held a meeting on Friday at its headquarters in Seoul, South Korea, with representatives of its ‘recognised companies’ – namely adidas, Daedo, JC, KPNP, Mooto, Taekwon Family, Taekwonsoft, Tusah and Woori Sports.

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