Wake up call for Olympic committee

Wake up call for Olympic committee

Wake up call for Olympic committee

In addition, a new evaluation committee will be formed to look into the cities' ability to host 2028 Games, mainly looking at risks compared to 2024.

Bach said the proposal to award the two Games had been "unanimously" endorsed, adding the International Olympic Committee had a "golden opportunity" with two "great cities" competing for 2024 and did not want to turn either away, particularly at a time when interest in hosting Olympics has faded, with cities increasingly reluctant to take on the vast expense.

An agreement as a " win-win-win", which remains to formalise, but which corresponds to the wishes issued from the month of march by the boss of the instance olympic, to avoid losing " two excellent candidates ".

Hosting a modern Olympics practically guarantees massive debt and cost overruns, and many cities have abandoned bids recently.

It's just not clear which city will host in which year.

Paris will have the Games, Los Angeles also: the two cities are provided to organize the olympics in 2024 or 2028, and must now agree on the order of assignment, after the decision Tuesday by the global olympic committee (IOC).

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"With Los Angeles and Paris, there are two fantastic cities from countries with a profound Olympic history", Bach said. In that case, the 2028 games could be open to additional bidders.

Paris Mayor Anne Hidalgo, describing the process as historic, said she was committed to reaching an agreement so "Paris can get back to this wonderful adventure that it has been waiting for for 100 years".

"You are right to remember that we lost three times". "Both (United States and French officials) will find it more and more hard to convince cities - whether it's Paris, Los Angeles or other American cities - to really go into this process if one of us gets turned down". The French pitch included the endorsement of French President Emmanuel Macron.

Garcetti said the Olympic movement "can't afford to lose the United States".

The two men meet in France on Friday, on the occasion of the French national holiday of 14 July, where Donald Trump is the guest of the French president. Ten days after final ceremonies, Brazil's Senate convicted impeached President Dilma Rousseff by a vote of 61-20 for illegally using state bank money to bankroll crony Olympic public spending and other boondoggles. But L.A. 2024 estimates it will make hundreds of millions of dollars in surplus by selling $1.3 to $1.5 billion of Olympics and Paralympic Games tickets, plus booking at least $4.8 billion in advertising and sponsorship revenue.

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