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SBD/14/Olympics
OLYMPIC FINANCING CONCERNS "LEFT BEHIND"
Published February 14, 1995
With the '96 Games a year-and-a-half away, ACOG officials have turned their attention from fund-raising to execution. ACOG COO A.D. Frazier "spends his days working up transportation plans and high-tech security systems." Frazier: "Finance probably consumed 80 percent of me the first couple of years, 50 percent of me a year ago 30 percent of me today." 60% of ACOG's projected revenue is under contract, with an estimated $634M remaining -- including the sale of at least $221.8M worth of tickets, and at least $73.2M from the yet-to-be awarded Japanese TV rights (Melissa Turner, ATLANTA CONSTITUTION, 2/11).




