Will there be enough money for next season?

Switzerland (Le Temps, Fre) – The world of ski competitions is suddenly feeling the pinch of the global economic downturn and in particular falling sales at ski manufacturers, the sport’s biggest sponsors. The Ski Racing Suppliers (SRS) Association, meeting in Zurich 12 May, called the situation “precarious” for everyone, according to Le Temps, which carries a lengthy article on the financial problems faced by skiers and federations. Rossignol, a major supporter of events and athletes, announced last week that it will cut its athletes’ salaries by 50 percent and support for events by 30 percent, but its cost-cutting measures are being matched or considered by other manufacturers.

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