Swiss government commits $25.5m to hosting of three major sports events
The Swiss government has announced it will spend SFr25.5 million ($25.5 million) to support the country's hosting of three international sports events over the next four years.
The 2020 winter Youth Olympic Games in Lausanne will receive SFr14 million from the Federal Council, of which SFr6 million will go on the renovation of the 'centre sportif de Malley', the arena that will host ice hockey, figure skating and short track skating during the games.
Also in 2020, Lausanne, in partnership with Zurich, will stage ice hockey's IIHF World Championship, and SFr500,000 of federal money will be provided for that event.
A year later, the winter Universiade, the university games, will be staged in Lucerne and the Federal Council has promised an additional €11 million in funding.
The government said in a statement that the Youth Olympics and Universiade "are not only multi-sport events of global importance, but also effective instruments for encouraging sport," while the IIHF World Championship "will have impacts beyond our borders and Switzerland will be able to showcase itself as a host country on the international scene."