The impact of turmoil... change in management, financial volatility, and economics...
what a shambles.
i thought that PBSI was pretty well funded compared to the other badminton nations.
or has the financial crisis affected our beloved sport as well?
During the last 2.5 years, yes, PBSI was
very well funded because the Head of KONI,
Ibu Rita Subowo, made sure enough funds flow for badminton in preparation for Asian Games, SEA Games, and the Olympics... Also,
Pak Sutijoso,
made the Jakarta Real Estate Developers donate Rp 1 to 2 billion each every year...

The next 4 years? Not his problem. He is running for the Republic of Indonesia Presidency...
PBSI is having its general election (Munas) in November. So, all players are returned back to their respective clubs, while the new management is being formed. Then, the players will be recalled to Pelatnas, of course, based on their current form and performance. Also, the players' and PBSI contracts with Yonex should be also expiring soon.
The ironic thing is: PBSI has signed up 53 players for the KLRC New Zealand GP and their top players for the HKG Open without even considering whether they have the budget for those tourneys. Only after that, they realized they have no money...opppss.....so....mass withdrawals. They still have to pay the penalty afterwards, amounting to more than US$10k, which is > 100 million Rupiahs currently. What a joke really
By the time the penalty bill arrives... in around 2 months... 1 US$ could be equal to Rp 15000... :crying: So that's Rp 150 million for the next PBSI administration to pay, right?
But seriously, this currency volatility and economic uncertainty is hurting a lot of people in INA...

I can't blame any of the badminton club owners if they want to reserve their funds [most probably in Rupiah] and not send any of their players to international tournaments until things settle down...
The badminton players themselves have to understand that whatever is happening now is not a joke for their families, their clubs, PBSI, KONI, and the INA government.

Rp 11400 for every 1 US$ is a big jump from Rp 9200 just a few months ago... Few [if any] in INA could have predicted this for sure even 2 months ago...
Maybe only the INA-fans [like me] may choose to ignore reality and complain about the lack of actions from INA's top players!
