A G20 for sport?

Sport across the world currently faces a myriad of challenges: for example, in countries like Argentina and Brazil, there are issues about football player migration to other countries; in the US, so badly hit by the downturn has NASCAR been that the sport's governors are considering fundamental changes to the model of operation, possibly leading to the introduction of a franchise system; in relation to South Africa, some remain concerned about the stadium building programme in place for the FIFA World Cup 2010, just as people are concerned in the same way about UEFA 2012 in Ukraine; in India and Pakistan, major security concerns have beset cricket, both country's most popular sport; in Japan, leading motor sport teams such as Honda, Subaru and Kawasaki have all withdrawn entries from respective competitions in which they were involved; and across Europe there are concerns about debt levels, competitive imbalance and falling crowds in professional football. Add to these examples, matters pertaining to corruption, changing ownership patterns, the shifting balance of power in sport etc, and we are thus left to ask: does sport need the equivalent of a G20 summit?