Liberec world ski championship faces up to 116 million crown cash shortfall

Organisers of the Nordic World Ski Championships held near Liberec in February say they could be facing a 116 million crowns shortfall. The head of the championships’ organising committee, Kateřina Neumannová, told town representative that costs were around 30 million more than originally planned and income so far 86 million lower. Legal proceedings to recover some outstanding debts could mean that the event breaks even, she said, adding that the process to get the money would be long and complicated. The 12-day event was the first time the Czech Republic has hosted a world championship ski event. The organisation of the event has long been the subject of criticism.