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Fate of Hosting World Swimming Championships in Montreal in Doubt

The fate of the financially troubled World Swimming championships in Montreal, Canada remains in doubt following a meeting between organizers and officials from the sport's governing body, FINA.

No decision was made Tuesday on whether the event should remain in Montreal. A 6.5 million shortfall in sponsorship is threatening to move the two-week championships scheduled to begin on July 17.

FINA says it wants the event to stay in Montreal. But the organization is concerned with the commitment of federal, Quebec and city governments to the project. The trio has contributed $23 million toward the event, but will not pledge any more cash. FINA is looking toward a January 18 deadline for assurances the total budget will be in place.

The world championships are expected to draw 2000 athletes, coaches and officials from 160 countries, as well as thousands of fans and media. The championships include swimming, diving, water polo, synchronized swimming and endurance swimming.

Some information for this story provided by AP and Reuters.