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SBD/May 24, 2012/Olympics
USOC, IOC Agree In Principle To Revenue-Sharing Agreement Through '40
Published May 24, 2012
NARROWING THE FIELD: The IOC yesterday announced that Istanbul, Tokyo and Madrid are the finalists in bidding to host the ‘20 Summer Olympics. Baku, Azerbaijan, and Doha, Qatar, were rejected for the second time in a row after failing to make the ‘16 games. The three candidate cities will now enter into Phase Two of the selection period, preparing their candidature files with an in-depth description of their Olympic project. Files from the cities will be submitted to the IOC by January 7, 2013. Following an official visit by the IOC Evaluation Commission between February and April of ‘13, a report will be made to the commission and candidate cities will brief IOC members. The election of the host city for the ’20 Games will be announced on Sept. 7, 2013 at the IOC session in Buenos Aires (IOC). The AP's Stephen Wilson cited a source as saying that the board “voted unanimously in favor of Tokyo and Madrid at 12-0 and supported Istanbul by 11-1.” The source said that the vote was “0-12 for Baku and 3-9 for Doha” (AP, 5/23).