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SBD Global/July 11, 2017/Olympics

IOC Says It Will Not Help Rio Games Organizers Pay Off Estimated $35M-$40M Debt

The IOC "balked" at helping Rio Games organizers "pay a debt" estimated at $35M-$40M, according to Stephen Wade of the AP. The IOC exec board said that it already contributed a "record" $1.53B to the Rio Games, and "questioned giving more" after meeting with Rio 2016 President Carlos ...

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