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World Cup ski racing to return to Killington through 2022 | Vermont Business Magazine

World Cup ski racing to return to Killington through 2022 | Vermont Business Magazine
vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.

FIS finances withstand pandemic thanks to smaller World Cup sponsorship hit

Wednesday, 9 June 2021 The International Ski Federation (FIS) has defied the pandemic by reporting financial results for the COVID-impacted year of 2020 that were significantly better than originally budgeted. The Federation, now under the leadership of Johan Eliasch, its newly-elected President, has disclosed an overall profit for the year of CHF1.47 million (£1.16 million/$1.64 million/€1.35 million). Though modest, this compares with a loss of CHF14.3 million (£11.3 million/$15.9 million/€13.1 million) originally projected in a working budget posted on the body’s website. The main areas of improvement were two-fold. First, income was far better than originally forecast at CHF22.8 million (£18 million/$25.5 million/€21 million). Treasurer Mats Arjes explained this to attendees at the 52nd FIS Congress in the following terms.

Francs Jeux FIS and FINA to change presidents, IJF to keep its own

The sanitary crisis and the uncertainty surrounding the Tokyo Games have made us forget it, but 2021 is an election year for a large number of international sports bodies. Coincidentally, three international sports federations are called to vote this week for a presidential election, in just two

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