Reality of Running A Skating Comp - Where Did The Money Go? Community Cup - Nils Jansons Lied

The Community Cup Invitational, Rollerblading competition was driven by the community. They nominated the skaters via the Skate Awards, they donated to the prize pot and they voted for the winners. I would like to thank all those that donated and supported this event to make it happen. I truly believe it's brought a lot of value to the culture. Thank you to all the skaters that took part. After the event and they were paid they all showed a lot of gratitude towards me for creating the event and I deeply appreciate that. I ran this event at a financial loss. I run this YouTube full time, more often than not at a financial loss. I do this because I love it. The 5 skaters that took part, Julien Cudot, Nils Jansons, Bobi Spassov, Seba Seufferheld and Levi Van Rijn collectively received £7,838.78. This is what was donated, minus fees. 50% of what was raised was split equally between the skaters as a base rate for taking part: £783.87 (BR) Highest Prize available (1st Community + 1st Expert + BR) = £3303.48 Individual Payout: Levi Expert/3rd/BR = £2463.61 Bobi: 1st/BR = £2183.65 Julien: 2nd/BR = £1623.74 Nils: 4th/BR = £783.87 Seba: 5th/BR = £783.87 The base rate: £783.87 removed the risk of the skaters getting nothing if they didn’t finish Top 3, like would happen in most competitions. Imagine flying to a comp, paying to enter then coming 4th - you'd win nothing and be at a loss. We removed that risk from the comp. The base rate also acted as an exchange for the videos to be hosted on my channel and everything that came with that. 4 out of the 5 videos couldn't be monetised due to copyright restrictions. The 1 that could was off during the comp and turned on after to try a recoup some of the money i'd lost. It has made £8 to date. Over a month after the Community Cup results were announced and the skaters had been paid, Nils Jansons accused me of taking “Most of the funds from the “Community Cup”” which is not true I reach out to Nils to understand what he was trying to say and resolve the issue. He’s admitted he wasn’t correct in what he had said and worded it wrong. He was trying to point out that the money from sponsorship, that was used to ensure the event happened was more than what any individual skater had taken. He also noted he wasn’t imply the event was run unfairly. So, not that I’d taken “Most” of the prize fund as this all went to the skaters, minus fees Not that I’d taken “Most” of what was raised overall (Donations/Sponsorship) as most went to the skater collectively and the prize fund was far bigger than what was raised via sponsorship Not that I’d taken more than was possible to win as the top prize was £3303.48 and again, was more than what was raised via sponsorship But that the money that was raised via sponsorship, that was used to make sure the event happen and used to cover the time spend on the 5/6 month long project, that included promoting the prize fund to get the skaters as much money as possible, was more than any individual skater had taken. I believe this is probably quite common in most competition. I believe what the skaters received was fair. Repeating what i said before, sponsorship money did not cover the cost of production. I ran this even at a financial loss. The Skaters and community was always the priority. Secondary was trying to make the sustainable. Had we not used a base rate and put that into prizes instead both Bobi and Levi would have received more than was raised in sponsorship for the event but Nils would have left with nothing. What is the criticism here, that event organisers can't trying to make events sustainable. Knowing that i made a loss, is it that i should have lost more? In this video I go through the reality of making this competition happen.