International Olympic Committee President Jacques Rogge said his organization and future games hosts must overcome the challenge of convincing the wider public about the benefits of staging sports’ biggest event.
Rogge, speaking in his last individual news conference before the IOC elects his successor on September 10, said organizers need to demonstrate how the Olympics, which cost billions of dollars to stage, can have a positive impact on the host city and nation.
“The challenge for the sport movement is to clearly indicate and prove that there is a good legacy after staging such events,” Rogge said in Buenos Aires. “It will be our responsibility wherever we go to organize games that this is a win-win situation for the city and the region and that we as organizers make sure that there is a sustainable legacy.”
Rio de Janeiro, which will host the 2016 Summer Games, was the scene of demonstrations in June as Brazilians took to the streets to protest political corruption, the lack of spending on health and education and the amount of money going to sporting events. Brazil’s government is spending about 15 billion dollars to prepare for next year’s soccer World Cup, and a similar amount in public and private funding is required for the Olympics.
The IOC will vote in two days to decide whether Tokyo, Madrid or Istanbul will host the 2020 Games. The financing of the event has featured prominently in the bids of two of the three candidates.
Bid leaders for Madrid have said the Spanish capital’s 1.9 billion Olympic project is what citizens would expect given the nation’s economic woes. Istanbul’s bid states that only 7% of the 16.8 billion development costs are directly related to facilities required for the games.
Rome pulled its bid to host the 2020 edition last year when then-Prime Minister Mario Monti said it would be a drain on public resources.
Madrid bid leader Alejandro Blanco said in an interview two days ago that the IOC’s decision on the 2020 host “is very important because maybe in the next bidding cycle there will only be five countries that think they are capable of delivering the games because of the costs”.
Madrid is bidding for the third straight time to host the games.
“From our point of view the last thing we want is for the Olympics to be a burden for a city,” Richard Carrion, one of six candidates to replace Rogge, said in an interview. “On the contrary, what our goal is for the games to be manageable, sustainable and a good thing.”
Just days before Saturday 7 September when the IOC is expected to decide which city will host the Summer Games in 2020, The Huffington Post advanced that “it seems increasingly likely IOC will choose Madrid”.
“To my astonishment, it seems like it’s going to be Madrid,” Wolfgang Maennig, a professor of economics at Hamburg University, is quoted by the HuffPost.
Maennig, an expert in sports economics said he met with two Olympic officials, including the president of a national delegation he declined to name, and both said Madrid was quickly pulling away as the favorite to host the Olympic Games over candidate cities Istanbul and Tokyo.
“I talked today to the president of a national federation and people are still afraid of Syria and even Iraq, even though that was years ago, affecting Turkey,” Maennig said on Wednesday. “There are also many concerns about the level of radiation in Japan”.
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As can be seen from the plight of Brazil, it must be important in the future for a potential host to be able to show that it already has the money. None of this hoping to have the money in time. Let's say a potential host should be able to deposit 15 billion dollars in an IOC account. The IOC becomes responsible for ensuring the safety of the money and that it accrues a proper rate of interest. When the Games have to paid for, the IOC gives to host everything from the account.Sep 05th, 2013 - 08:26 am 0
Madrid?Sep 05th, 2013 - 08:37 am 0
The austerity games!
I think Gibraltar has got far more chance of coming up with the money than the spicks! :o)Sep 05th, 2013 - 01:26 pm 0