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China President Xi Jinping Says 2022 Beijing Games Must Have No 'Grandiose' Projects

Published in SportsBusiness Daily Global on 01 / 24 / 17

As he toured Olympic Games sites, China President Xi Jinping said that money must be "spent properly" for the 2022 Winter Olympics and no "grandiose" projects must be allowed, according to Ben Blanchard of REUTERS. Beijing and the nearby city of Zhangjiakou won the right to host the Games in '1...

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Tokyo 2020 Facing Budget Increase

Japanese public broadcaster NHK said that the 2020 Tokyo Olympics will cost the organizing committee "six times than their original estimate," and come in at around 1.8T yen ($14.9B), according to Junko Fujita of REUTERS. The cost blow out "was caused by unexpected payments for building lanes ...

Tags: Olympics, Japan

CICCA Fights To Clean Rio Water

Before dawn one day in August, "two men disguised as fishermen hid in the dark outside the compound of an oil service company on Rio de Janeiro's picturesque Guanabara Bay, the site of next year's Olympic sailing competition," according to Stephen Eisenhammer of REUTERS. When "a pipe began oozing pu ...

Tags: Olympics, Brazil

Congress Member Was Allegedly Bribed

In the "first allegation of corruption linked to next year's Olympics in Rio de Janeiro, Epoca magazine reported that construction company Carioca Engenharia allegedly bribed the speaker of the lower house of Congress in order to secure funds for a massive port area regeneration project," according ...

Tags: Olympics, Brazil

Crowdfunding Was Never 'Financing Tool'

Paris 2024 has claimed the "spectacular failure" of a crowdfunding scheme to reach its target of €10M ($11M) "will not affect its budget and does not reflect the level of support for its bid among the French public," according to Duncan Mackay of INSIDE THE GAMES. French National Olympic and Sp ...

Tags: Europe, Olympics

Rio Water Needs 'Major Improvement'

World Sailing said that the water quality at the Rio 2016 sailing venue "needs major improvement," as organizers prepare to open a new pipe belt to divert sewage, according to David McDaid of the BBC. Tests at Guanabara Bay have "revealed high levels of bacteria and viruses coming from human sewage. ...

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Australia Warns Olympians About Social Media

Australia's Olympians have been asked if they are going to Rio "to tweet or compete," as the Australian Olympic Committee warns athletes "against falling for the social media pitfalls that dogged the team in London," according to David Sygall of the SYDNEY MORNING HERALD. At a briefing in Sydney, at ...

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WOA Calls Blanket Bans 'Unjust'

The World Olympians Association has called blanket bans on competitors from doping-tainted nations "unjust" and called for "urgent action to ensure clean athletes are allowed to participate in major sporting events," according to Nick Mulvenney of REUTERS. The Russian Athletics Federation (ARAF ...

Tags: Olympics

Budapest 2024 Could 'Put The Region On The Map'

Hungarian PM Viktor Orban said that a successful Budapest bid for the hosting of the 2024 Olympic Games would be "a victory for the entire Central and Eastern Europe region," according to Simon Evans of REUTERS. Orban and IOC President Thomas Bach were "attending a celebration of the 120th anniversa ...

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Olympic Notes

Daedong Industrial, one of the largest tractor manufacturers in the Republic of Korea, joined the Olympic Winter Games PyeongChang 2018 sponsorship program through a new partnership. Daedong Industrial and the PyeongChang 2018 organizing committee signed an official supplier agreement. Under the agr ...

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Mexican Bodies Formalize Agreement

Mexican National Commission for Physical Culture & Sport (CONADE) Dir Alfredo Castillo officially presented an agreement between CONADE and the Mexican Olympic Committee that "establishes the responsibilities of the institutions ," according to LA AFICIÓN. Castillo: "To avoid confusion a ...

Tags: Olympics, North America

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