FIS warns of critical finances, plans to cut ski prize money

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FIS warns of critical finances, plans to cut ski prize money
Photo: Pär Bäckström/TT

The difficult financial situation was presented at a board meeting of the association in Geneva on Thursday. According to a new report, the association's equity has decreased by 47 percent between 2021 and 2025.

Fis is in a critical situation that requires immediate and forceful action, says chairman Alexander Ospelt.

The financial situation now appears to be taking its toll on the athletes. It is highly likely that prize money in the various disciplines will decrease. According to Secretary General Urs Lehman, the riders will only be able to earn as much money as they do today by competing more.

I am convinced that there is room for more competitions in our calendar, he says.

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TT News AgencyT
By TT News Agency. English edition by Sweden Herald, adapted for our readers

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