USOC Eyes '24 Olympics Bid Bach Speaks On Formidable Challenges Facing IOC USOC Extends Blackmun Through '16 Philly Seeking Olympic Advice From London Sochi Aiming For "Safest Games Ever" New IOC President Holds Summit Romney Backs Boston Bid For '24 Games Sochi Games Facing Security Challenges IOC Prez To Kerry: Russia Will Not Discrimiate USOC Outlines Stance On Russia Anti-Gay Laws
TICKET REQUESTS FAR IN EXCESS OF ORGANIZERS EXPECTATIONS
Published May 4, 1995
ACOG officials report that after three days, ticket requests are nearly double what they expected for the entire first week. ACOG has received 34,000 completed order forms. ACOG Managing Dir for Games Services Scott Anderson stated that "publicity and a pent-up demand for everything Olympic" is spurring the early tide. ACOG CFO Patrick Glisson reported that ACOG has revenue commitments on 72% of the overall $1.6B budget, not counting revenue from the first two days of ticket sales. ACOG still has $438M to go to break even. Price Waterhouse's Robbie Pound, who handles ACOG's books: "Given the level that the ticket processing system worked (Tuesday), we can take some comfort in the fact that it's the largest single line-item left on the revenue side" (Turner & Harris, ATLANTA CONSTITUTION, 5/4).