British skiing goes bankrupt, will still compete

The British ski and snowboard federation has gone bankrupt, but

the national Olympic committee says athletes will still compete in

Vancouver.

The British Olympic Association said Friday that it will put in

place a contingency plan to make sure the 14 skiers and

snowboarders on the country’s Olympic team can participate in the

Vancouver Games, which start Feb. 12. The association said the

International Ski Federation has approved a plan to let a

subsidiary company act as national body for the sports.

Snowsport GB needed to secure $326,000 in funding by the end of

January to stave off bankruptcy.

The British team includes Alpine skier Chemmy Alcott and

snowboarder Zoe Gillings.