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Olympic ghost town: Bills due, venues empty after Rio Games
AP ^ | February 10, 2017 | Stephen Wade

Posted on 02/11/2017 7:12:02 AM PST by C19fan

Rio de Janeiro pulled off last year's Olympics, keeping crime at bay and fending off dire forecasts of corruption, environmental degradation, and cost overruns. Six months after South America's first games, the floodgates have burst.

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Sports
KEYWORDS: olympics
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To: C19fan

Always the same.


21 posted on 02/11/2017 9:09:17 AM PST by Ray76 (DRAIN THE SWAMP)
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To: ducttape45

On one of the bigger Greek Islands with complete control given to the IOC. The Athens games pretty much bankrupted Greece. With said island you build all the venues on a permanent basis. The IOC then controls hotels and all other revenue generators. Broadcast rights provide enough to upgrade the venues between Olympics. No one gets to the island without IOC extreme vetting. It might actually make the IOC quite a lot of money but it would require a degree of vision that I don’t think the IOC has. They seem wedded to the traveling circus model.


22 posted on 02/11/2017 9:31:04 AM PST by xp38
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To: CondorFlight

As with the UN, there is no reason for the US to fund this. Let the IOC raise money from donations from businesses or wealthy individuals.

What I find striking is that it’s never in the same place twice except for Lake Placid NY. 1938 and 1980.


23 posted on 02/11/2017 10:10:05 AM PST by Ouderkirk (To the left, everything must evidence that this or that strand of leftist theory is true)
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To: ssaftler

- RE: amateurs. Concur. Even the non-NBA stars etc. are far from ‘natural athletes’ (funded to perform, just like the pros)

- Just like sports teams in any major city of the U.S. Taxpayers on the hook for private ventures.

IMO, we should get (MAYBE) the U.N. to vote on a few (2 Winter, 2 Summer) sites that all pay for (yeah, I know). Static sites for all to use...no need to spend OODLES of $$ for each NEW site/etc.


24 posted on 02/11/2017 12:49:28 PM PST by i_robot73 ("A man chooses. A slave obeys." - Andrew Ryan)
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To: i_robot73

The rich are richer and the poor are poorer. Nothing ever changes.


25 posted on 02/11/2017 1:05:52 PM PST by Eleven Bravo 6 319thID
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To: i_robot73
IMO, we should get (MAYBE) the U.N. to vote on a few (2 Winter, 2 Summer) sites that all pay for (yeah, I know).

Good idea, but I'd get the IOC to vote on and pay for the sites. Let them collect the revenues for use of the sites in the Olympics and future uses to underwrite the costs.

Heck, that group has to do SOMETHING!

26 posted on 02/11/2017 2:02:33 PM PST by ssaftler (January 20, 2017: Morning in America)
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To: C19fan

Return the Summer Games permanently to Greece, figure out something similar for the Winter Games.


27 posted on 02/12/2017 11:48:15 AM PST by ops33 (SMSgt, USAF, Retired)
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To: C19fan
This is why the World Cup will be the future of international sporting events. Five countries--England, France, Germany, the United States and possibly Italy--have enough FIFA-certified stadiums right now that can be used to play World Cup soccer games.

Indeed, right now they could hold the World Cup in the USA and the total operational costs would be likely under US$1 billion, given the fact many American football stadiums are easily converted to FIFA-certified soccer stadiums.

28 posted on 02/14/2017 10:13:00 AM PST by RayChuang88 (FairTax: America's economic cure)
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