Featured Story

Cho Yang-Ho Named New Head Of 2018 PyeongChang Organizing Committee

Published in SportsBusiness Daily Global on 08 / 01 / 14

South Korean businessman Cho Yang-ho, who led PyeongChang's successful bid for the 2018 Winter Olympics, "has been named as the new president of the organizing committee" for the Games, according to REUTERS. Cho said, "I have decided to take up this position to keep the promise I made with the Inter...

Read More

More Stories

09/09/13
IOC Gives Wrestling Second Chance

Seven months after being dropped from the Olympic program, wrestling persuaded the IOC to give it a second chance. The sport received 49 votes from IOC members, giving it a first-round majority over competitors baseball and softball (24 votes) and squash (22). Representatives from wrestling’s ...

Tags: Olympics

09/09/13
Madrid 2020 Disappointed For Third Time

The Madrid 2020 Olympic bid "hoped it would be third time lucky for Madrid, but it was three strikes and you're out this weekend," according to Paul Hamilos of the London GUARDIAN. On Sunday morning, Madrid "woke up to the hangover of an economy that continues in crisis, youth unemployment at record ...

Tags: Olympics, Europe

09/09/13
IOC Finances Rise Close To $1B

The IOC's financial reserves "edged close to" $1B in '12, up from $105M when outgoing President Jacques Rogge took over 12 years ago, according to Karolos Grohmann of REUTERS. Rogge, who succeeded Spaniard Juan Antonio Samaranch in '01 and is stepping down on Tuesday, "has overseen an unprecedented ...

Tags: Olympics, Europe

09/09/13
IOC: Syrian War Cost Istanbul 2020 Bid

Two IOC members said that "the bloody Syrian civil war cost Istanbul votes over Tokyo to host the world's biggest sporting event in 2020," according to REUTERS. Istanbul -- "who had been trying to bring the Olympic Games for the first time to a predominantly Muslim country" -- reached the ...

Tags: Olympics, Europe, Asia

09/09/13
Barcelona Considering 2022 Olympic Bid

Spain "has one look at Buenos Aires and the other in the Pyrenees," according to Celes Piedrabuena of MUNDO DEPORTIVO. The choice of Japan over Madrid for the 2020 Games "was followed very closely by the Barcelona-Pyrenees 2022 Winter Olympic bid." Logic "indicates that choosing Madrid would damage ...

Tags: Europe, Olympics

09/09/13
Gill: IOA Must Be Role Model

Calling on the Indian Olympic Association to sort out the administrative mess which led to India's suspension from the Olympic movement, Indian Hockey Federation patron and Chief Adviser K.P.S. Gill on Sunday said that "the overhauling should put in place a system so clean and efficient that it ...

Tags: Olympics, India

09/09/13
Olympic Notes

The Olympic torch "will go for its first-ever spacewalk November 9 after its launch schedule was confirmed by a Russian cosmonaut Friday." Cosmonaut Oleg Kotov said, "The flame won’t be burning in space, we’ll just carry the torch into space" ( R-SPORT, 9/6 ). ... London Mayor Boris Jo ...

Tags: Olympics

09/06/13
Olympic Bid Cities Await IOC Verdict

The Tokyo 2020 bid committee, "fueled by the twin catalysts of top-down organizational enthusiasm and strong financial backing," is seen by many "as the clear favorite to be awarded the 2020 Summer Olympics," according to Ed Odeven of SPORTS ON EARTH. Madrid and Istanbul "are the other two finalists ...

Tags: Olympics, Europe, Japan

09/06/13
Olympics Would Create 50K Madrid Jobs

Madrid Community Government spokesperson Salvador Victoria revealed in an economic impact report that hosting the 2020 Olympics "would mean the creation of 50,000 full-time jobs for Madrid," according to AS. Victoria said hosting the Games would have "an impact" of €2.5M ($3.3M) on the regional ...

Tags: Europe, Olympics

09/06/13
IOC Rejects IOA's Election Clause

The IOC warned India Thursday that "it would remain suspended from the movement until it agreed to exclude tainted officials from office," according to the AFP. The IOC has been trying to persuade the Indian Olympic Association "to amend its constitution to prevent officials who face corruption or ...

Tags: Olympics, India

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug