«The requirement of standing to sue or standing to appeal has been dealt with many
times by CAS panels, in particular in connection with appeals against decisions of
sporting bodies. In principle, standing to sue is recognised if a person appealing against
a certain decision has an interest worthy of protection, i.e. a sufficient interest in the
matter being appealed (cf. CAS 2008/A/1674; CAS 2010/A/2354). In other words, an
appellant has to demonstrate that he or she is sufficiently affected by the appealed
decision and has a tangible interest, of financial or sporting nature, at stake (cf.