According to the information provided, next year the federation will miss 11.879 million Swiss francs, which is equivalent to 12.42 million dollars.
The profit of the organization will be 37.568 million Swiss francs. Expenses – 44.447 million. Thus, IIHF revenue falls into the red of 6.879 million. In addition, another 5 million will be added to this amount as funds for the tournament cancellation fund.
Recall that earlier the organization suspended the national teams of Russia and Belarus from participating in tournaments under its auspices. Also, St. Petersburg was deprived of the right to host the 2023 World Cup, and Omsk and Novosibirsk – the 2023 World Junior Championship.
Source: Sport
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