Cost of Ice-Hockey World Championships could hit 7 million

  • 2005-09-07
  • From wire reports
RIGA - Along with honor, hosting the 2006 Ice-Hockey World Championship will bestow Riga with a colossal bill. President of the Latvian Ice-Hockey Federation, Kirovs Lipmans, estimated that the cost of organizing the tournament would reach 7 million lats (9.9 million euros). In order to cover this amount, 75-80 percent of game tickets must be sold, Lipmans told Latvijas Avize daily. Realistically, Lipmans said he doesn't expect sizable profits from the tournament. However, he believes that a successfully organized event will allow Latvia to host another world championship in the future. And...
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