Quote of the Day

"This time the IOC members -- in a fragile world -- have decided in favor of tradition and stability."
-- German Olympic Committee President and IOC presidential candidate Thomas Bach on Tokyo being awarded the 2020 Games. (REUTERS, 9/8)
Monday September 9, 2013 Vol. 2 — No. 63 Print This Issue

Top Stories

  • Tokyo's Time

    Tokyo citizens celebrate after the city was named host of the 2020 Summer Olympics.

    The competition to host the 2020 Olympics was not a beauty contest. It was a contest to see which candidate city could best conceal its blemishes. Tokyo won that battle, with ease. After all, what’s a minor nuclear leak today compared to an economy that is in tatters or violent crackdowns against protesters? IOC member Denis Oswald said of Istanbul and Madrid after the vote, “The other two were just too risky.” Risk was what the IOC wanted to avoid this time. It is dealing with enough of that already. Its gamble on Sochi has been repaid by overspending -- to the tune of $50B -- and int'l condemnation of Russia’s anti-gay legislation.

  • Getting Off The Mat

    Wrestling, bounced from the Olympics in February, is reinstated by IOC.

  • Money In The Bank

    The IOC's financial reserves now at $1B, up from $105M 12 years ago.

  • On Second Thought

    The German Football Federation said it will not withdraw its Euro 2020 final bid.

  • Joining Forces

    Barcelona signs a three-year partnership with United Arab Bank.

  • Trending Down

    Football League clubs spent less on agent's fees last year.

  • Back In The Running

    FIA President Jean Todt will run for re-election against David Ward.

  • Model Of Consistency

    Real Madrid announces more than $659M in revenue for second straight season.

  • Popular Choice

    EPL Tottenham has turned to London Olympic stadium architects Populous for new stadium.

  • Staying The Course

    Atlético Madrid’s move to new Madrid stadium not affected by 2020 Olympic bid.

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