STOCKHOLM (AP) — The city of Stockholm says it won't bid for the 2026 Winter Olympics.

The city official in charge of finances says the reason is because the International Olympic Committee will not be able to report how big the financial contribution to the host city will be. She says the figures "will arrive at the earliest in November," allowing too little time for a thorough analysis.

The Swedish capital, which hosted the 1912 Summer Olympics, has never staged the Winter Games. The cities of Ostersund, Falun and Goteborg all have mounted failed winter bids.