Sponsorship for events
I'm doing a Olympic tri this weeked and the main entry condition is that you raise £200 for the chosen charities..on top of the entry fee (£70)
I don't have a problem with this. The charities are worthy and needed causes...which i wholeheartidly support.
However, what i find objectionable is the condition that the minimum £200 has to be collected before the event or paid in cash on the day....otherwise you cannot race.
In the past Sponsorship was about others giving you incentive to complete the challange...now it seems to be an additional entrance fee.
So my question is....what if i fail to complete the race? should my sponsors expect a rebate ? If so, how does that work with Justgiving ?
I'm interested in the thoughts of others....