Newly elected German Hockey Federation (DEB) President Franz Reindl "has set high goals for his term in office," according to the DPA. Despite the recent downhill trend of the men's national team, Reindl expects the team "to consistently compete for world championship medals starting in '26 at the latest." Reindl: "The other nations are laughing themselves silly about us, that we, with our 80 million people and our organizational skills, are not capable of producing a competitive team." In '13, the national team, for the first time, failed to qualify for Olympic Games. At the 2014 world championship, the DEB squad finished in 14th place. Reindl's first move at the helm of the federation will end the double-duty of Pat Cortina as national team head coach and sports director. However, Reindl's biggest challenge will be resolving the federation's financial issues. Reindl: "The biggest construction site is getting on top of the economic situation." The DEB currently calculates with an annual loss of €250,000 ($338,000) (DPA, 7/20).