The IOC takes a majority of the profits and don’t help with the cost. Why would any city want to host it. Taking the money you would spend on the Olympics and investing it for n your city and you’ll come out better off for a fraction of the cost.
@tylermcfadden92373 жыл бұрын
Well your city and government just need to be capable to manage these costs. The costs are much lower if the local area doesn’t need to build much new infrastructure, which was proved by LA. Rio costs were so expensive because they needed to revitalize the entire area, build a new subway system, clean the bay, etc. You don’t need to do things like that in many other major cities and they would be more suitable to host.
@aperture03 жыл бұрын
@@tylermcfadden9237 Yea it should be limited to rich countries like US.
@lucaschin28953 жыл бұрын
@@aperture0 Yea it should cause you should not spend money if you don't have it in the first place
@drakebates3 жыл бұрын
Calgary voted last year not to place a bid for the Olympics because of this
@johngablesmith46713 жыл бұрын
The post-Olympic maintenance costs are the killer.
@Kaloyan.Dimitrov3 жыл бұрын
I hope in the future the Olympics are held in cities which already have most of the infrastructure required like LA, London, Berlin etc. It's so sad watching those ghost villages in Rio being abandoned, it's waste of resources.
@alex221533 жыл бұрын
Cities like Los Angeles and London have hosted the Olympics before tho? Especially with the upcoming I heard Los Angeles was chosen as a host city
@HBC4233 жыл бұрын
Bring it back to Atlanta
@peterjohnson86253 жыл бұрын
Sydney I stand by for having one the most successful games every
@conorchristmas68443 жыл бұрын
@@HBC423 I don’t know if Coca Cola can bribe the IOC anymore 🤔
@makemap3 жыл бұрын
That place was soooo unclean. it wasn't even a joke. Brazil is so freaking corrupt due to drug wars.
@ritchiebesas6313 жыл бұрын
reason why the Olympics is expensive: IOC
@flexiblebirdchannel3 жыл бұрын
Yes, they take over 50% of the revenues, invest nothing, and dictate what the country has to build. I see a future, where the IOC pays for everything and the country only makes available the ground to build it there and got the building after olympics as a free gift.
@markjwil3 жыл бұрын
I find it interesting they didn't talk about Denver rejecting hosting the 1976 Olympics for the reason of cost and environmental concerns.
@ascensionzenith40433 жыл бұрын
they why were they participating in the selection of cities?
@RaymondHng3 жыл бұрын
@@ascensionzenith4043 The selection for the 1976 Winter Olympic Games (not Summer) was made at the 70th International Olympic Committee (IOC) Session in Amsterdam on 12 May 1970. The year 1976 was the centennial for the state of Colorado and bicentennial for the United States. Denver was selected ahead of Sion, Switzerland; Tampere, Finland; and Vancouver, British Columbia, Canada. Later that year on 7 November, Colorado voters rejected a referendum to publicly fund the Winter Olympics, and for the only time a city awarded an Olympics rejected them. Denver officially withdrew on 15 November, and the IOC then offered the Olympics to Whistler (neighboring Vancouver), British Columbia, Canada, but they declined, owing to a change of government following elections. Original runner-up Sion also declined. Salt Lake City, Utah, initially offered to host, then pulled its bid late, and was hurriedly replaced by Lake Placid, New York. At a meeting of the IOC executive committee in Lausanne, Switzerland, on 4 February 1973, the 1976 Winter Olympics were transferred from Denver to Innsbruck, which had recently hosted in 1964. Efforts to get a Winter Olympics for Colorado had begun in 1954 when Colorado Springs and Aspen made a joint effort to get the 1960 Games.The application process of submitting bid books for the 1976 Winter Olympic Games commenced in the mid 1960s. A change in government and growing dissent among local citizens can quickly swing the needle of acceptance even after the awarding of the Games to a host city. Concerns about the Games potential cost quickly began to alarm some Coloradans. For others, the issue was the environment -- damage that supposedly would be caused by hordes descending on the sites of competition. No previous Winter Olympics venue had ever planned to hold the Games across such a huge area -- from Denver to Steamboat Springs, a 166-mile distance. The landmark vote on 7 November 1972, wasn't even close -- 514,228 to 350,964. A 59.4 percent majority said they weren't willing to spend tax dollars to have the Games in their state. Sidney Bullene, the first staff member on the Denver Organizing Committee, said the ballot language was confusing. " _No_ meant yes and _yes_ meant no," Bullene said of the proposal. "That's what killed us." But she conceded that the Denver committee and its supporters were partly at fault. "We got very complacent," she said. "Nobody really realized we might lose this whole thing and disgrace ourselves in the eyes of the whole world." Dennis Gallagher, then a member of the Colorado House of Representatives, surveyed his constituents shortly before the election. The state was promising it would spend no more than $5 million on the Games. "The survey cards came back 80 percent against, and we all knew then that the idea was in trouble," Gallagher said. "For once, the voters were not persuaded by the appeals that money would eventually trickle down to the workers. "The promoters never asked the people how they felt, and the arrogance of some Olympic boosters turned everyone off -- they tried to imply you lacked patriotism if you were not for the Olympics." Coloradans learned that the 1960 Winter Olympics in Squaw Valley had cost California about $13.5 million -- more than 13 times original estimates.
@Mike__B3 жыл бұрын
@@ascensionzenith4043 In a nutshell, the people who put in Olympic bids in no way have power to financially commit to the cost of said Olympics. In this case groups/individuals who have self-serving interests gets together a fantastic plan which they submit, but ultimately voter approval is needed to pay for it.
@guccifer23 жыл бұрын
@12:30 IOC spokesperson: Build temp facilities or...go abroad. So lose the bid with unattractive temp facilities or dont host the Olympics (go abroad). : Facepalm:
@rothermatela1117 Жыл бұрын
@@guccifer2 Did you know that Munich, Germany hosted the 2040 Summer Olympics followed by Johannesburg, South Africa by 2044?
@HarshilDarji3 жыл бұрын
IOC be like: "You host, I earn. You crumble, I don't care."
@anirudhkulkarni31083 жыл бұрын
That is why we can't host Olympics.
@ianism33 жыл бұрын
same thing with the FIFA world cup
@paraskep508011 ай бұрын
Sounds about right
@mohammedhussain67493 жыл бұрын
The title should be: how the IOC ruined the Olympics by being greedy
@spacetoast77833 жыл бұрын
What should they do differently?
@mohammedhussain67493 жыл бұрын
@@spacetoast7783 share the profits more evenly or at least cover the costs with the host country? instead they take giant chunk of licensing/ad revenue for themselves whilst the host country is footing the bill for everything to actually run the Olympics in the first place.
@spacetoast77833 жыл бұрын
@@mohammedhussain6749 The IOC does not generate profits. 100% of revenue is used to fund olympic feeder programs and to organize and administer the games. Which programs would you like to see cut?
@BlackWhiteEagle3 жыл бұрын
@@spacetoast7783 what programs to cut? The personal enrichment program, greedy program and IOC super profit program.
@matthewfabrey3 жыл бұрын
Haven't watched it yet but already know the IOC is greedy af, not too far from FIFA i think; whoever does the world cup for soccer
@erictingsee3 жыл бұрын
Sounds like a free rider friend that constantly comes up with ideas to spend more money on parties.
@TengahSleep3 жыл бұрын
The tournament shouldn’t focus on one part of city so that other sports could be played at different stadium
@TengahSleep3 жыл бұрын
Less money needed
@theaveragemegaguy3 жыл бұрын
Love this analogy lmaooo
@MatthewStinar3 жыл бұрын
1. Don't take the IOC's calls. 2. Don't answer the IOC's emails. 3. Don't grant members of the IOC entry into your country. Olympic budget woes solved. (Bonus points if you find just cause to prosecute members of the IOC.)
@billyzee2613 жыл бұрын
VP Harris has asked volunteers in Atlanta and elsewhere to go door to door and encourage them to get their vaccine. She states that the President's goal of 70% is falling way short and that we must do this to save lives. Please people, let's get serious, get yourself and your family vaccinated. Talk to your friends and together, we can save lives!
@jdkingsley65433 жыл бұрын
Or just recycle infrastructure
@Itsmikebitch3 жыл бұрын
Olympics should be held in one country from now on.
@dynasty00193 жыл бұрын
@@billyzee261 Sir, this is a Wendy's.
@billyzee2613 жыл бұрын
@@dynasty0019 please do your part, encourage all your friends and family to get their vaccinations, please be safe and continue double masking to protect yourself against new and more deadly variants forming in the bodies of unvaccinated dRump supporters!
@wasimshaikh16653 жыл бұрын
Organizing games at this scale is like burning money on fire.
@___beyondhorizon46647 ай бұрын
Not according to LA
@OfficialCANVAS5 ай бұрын
IOC made the wood and the fire. Organising the games is perfectly fine
@kaiheftel14793 жыл бұрын
The Salt Lake City 2002 Olympics was the only Olympic Games in recent history that was actually in their budget.
@dksharron3 жыл бұрын
Los Angeles was good too, because all of the buildings, infrastructure, except one, the velodrome, were already built. Peter Ueberroth did a good job, but LA did not have to spend billions of dollars on indoor/outdoor stadiums, rowing, and swimming facilities, horse tracks, dormitories, etc. Sports stadiums are not profitable, nit in two weeks, not in two years, not in twenty years. This is why they are built by governments, in part or in whole, and not by private businesses. How can anyone possibly make a profit using a facility 8-16 days ( football), 81 days ( baseball) , 41 days ( basketball)/ year . Even when mixing in college games with pro games on a field or a court, college ticket prices are a fraction of professional ticket prices. Professional SPORTS ARE A SCAM. Football , baseball, basketball facilities in junior high school and high school plus training are public tax money financing the development of a future employees of only a few specific companies, PRO SPORTS. Pop Warner football and little league baseball should be continued on to college with the private citizens paying for the training and the facilities. If parents are unwilling to p pay for the costs, then the children should not be participating. Schools should be for education.
@BradfordDuncan3 жыл бұрын
Thank you Mitt Romney
@AnishJBhave3 жыл бұрын
@@BradfordDuncan wot
@BradfordDuncan3 жыл бұрын
@@AnishJBhave Thank you Mitt Romeny
@AnishJBhave3 жыл бұрын
@@BradfordDuncan How did Romney have anything to do with the Olympic prep in SLC
@TheMinusTee3 жыл бұрын
that IOC guy feels like another con artist. He's trying to sell you on the promise of doing better but at the same time has no real track records and when he makes that sale he's laughing with the money he's pocketed from you
@PatricksCollectibles3 жыл бұрын
Yeah, he looks and sounds like a con artist
@fujithegreat6069 Жыл бұрын
Seems jewish, I mean fishy.
@Cruzerblade223 жыл бұрын
Is anyone not gonna show how the Sydney 2000 games' venues and Olympic village has been put to a good use post games? the Olympic village is now a thriving residential suburb and the Olympic Park is home to thousands of events per year and has been put to very good use
@king_has_no_clothskul86353 жыл бұрын
australia is a dandy sports nation. aussies love sports and they play all sorts of them. and sydney cant get enough people. so cant compare. brazil is also a tourist juggernaut. but australia is a far developed nation than brazil.
@MarK-ro3vl3 жыл бұрын
Australia is one of the least corrupt countries too which I think makes a big difference.
@jimbo60593 жыл бұрын
London also had a legacy too. But yes Sydney have done very well.
@anotherant61672 жыл бұрын
Yeah, same as the one in Melbourne CBD. Really nicely maintained and used place was actually there a few weeks ago haha
@rothermatela1117 Жыл бұрын
@@anotherant6167 Brisbane will host the Summer Olympics by 2032 after Paris (2024) and Los Angeles (2028)
@mikehurt32903 жыл бұрын
One problem is the host courties want to show off, during the bidding for the Rio games Brazil was one of the fastest growing economies in the world so they wanted to show everybody that they're a world power with the Olympics, didn't work out so well for them
@SuperBigblue193 жыл бұрын
Or the former Yugoslavia or Greece
@XBarajasX3 жыл бұрын
Imagine Qatar with the WC wich had almost nothing built to host such an event. Not even good weather. But at least they can afford it and won't get hurted but man, what a waste of resources
@zaofei62813 жыл бұрын
and 2008 BeiJing has same purpose, but still cant imagine over $45 Billion !!!
@pawl233 жыл бұрын
Rio went especially poorly due to Brazil's corruption and disorganization.
@Matpeixelegal3 жыл бұрын
I'm brazilian and it's just plain insane that they chose rio as the host city. Like, i get It that it is a famous city, but is a national knowledge that rio is one of the most (If not THE most) corrupt state of the country. But now that i think about, the IOC probably chose rio exactly due to this
@marisartori50453 жыл бұрын
Rio’s government actually kicked out poor families out of their houses to demolish them and build the stadiums. So there’s that.
@kxxie3 жыл бұрын
Fry tdp
@charujain5813 жыл бұрын
It was bad but they didn’t kick them out, they payed them to move
@Yeah.3163 жыл бұрын
They also built walls around slums so tourist couldnot see the"dirty part of the city"
@slid3n3 жыл бұрын
@@charujain581 qsd cm m
@kevinchen57033 жыл бұрын
are they a communist country?
@luxushauseragency3 жыл бұрын
The games should never have left Olympia in Greece. Imagine all the savings.
@obiwanjesus92503 жыл бұрын
Probably could assist with Greece recent financial situation too. If you already had everything built and just kept it up
@HJ_Extravaganza3 жыл бұрын
Part of Greece's financial woes was BECAUSE of the 2004 olympics. And the classic Olympics were held where they were for the sake of the Greek city states. Keeping it in Olympia permanently when the entire world is attending is kinda pointless.
@karlpark85753 жыл бұрын
I agree. There should be one permanent site for the summer and the winter Olympics.
@raunaresquaiwatayakanai17103 жыл бұрын
@@karlpark8575 and if they were to add another city, that city should already have at least the majority of the required facilities needed with little and no renovation required
@ilovecoffee76233 жыл бұрын
The games originate in Egypt, not Greece. Greece just stole them from Egypt like they stole everything else.
@tooreal89683 жыл бұрын
It is because those at the IOC needs to get paid. Notice when there were no bidder for the event, there were surplus? No bidders , IOC had to lower their standards and price.
@SoulDuckling1263 жыл бұрын
Yeah that's exactly what video show, like that LA summer games with no other bidder USA can gain huge leverage on negotiation. IOC FIFA and other sports organization always corrupt
@long21819983 жыл бұрын
You are looking at what you want to see lmao. The same event where there were no bidder was also the one where the host country(U.S) had all the infrastructures and need not to build anything new that might or might not paid off.
@Tokamak3.14153 жыл бұрын
@@long2181998 Los Angeles did not have all the facilities in 1984, it just adapted several of the surrounding area facilities (using UCLA housing for the athlete village for example, which it will do again in 2028). There are 100K homeless within 40 mile radius of downtown Los Angeles - the city is going to go well into the red for 2028 and our idiot mayor Garcetti will long be out of office. He's so hated that he's having Biden ship him off to India as an ambassador so people will forget about him (because he has aspirations to be president some day). The IOC may have started with good intentions, but the swanky high rise which the IOC person speaking in the video doesn't come cheap. They've grown accustomed to bribery and embezzlement, the spirit of competition and human spirit is an afterthought.
@pistolen873 жыл бұрын
What do they need to get paid for? They're not contributing anything!
@RaymondHng3 жыл бұрын
@@pistolen87 You have to read their financial statements in their annual reports. From the 2019 annual report at stillmed.olympics.com/media/Document%20Library/OlympicOrg/Documents/IOC-Annual-Report/IOC-ANNUAL-REPORT-2019.pdf : The IOC redistributes 90% of its revenue from an Olympiad to support the staging of the Olympic Games and promote the worldwide development of sport and the Olympic Movement. The IOC retains only 10% of Olympic revenue for IOC activities to develop sport and to cover the operational costs of governing the Olympic Movement. The IOC contribution supports the staging of the Summer and Winter editions of the Games. This includes direct contributions to the OCOGs (Organizing Committees for the Olympic Games); considerable costs that previously had been borne by the OCOGs, such as the host broadcast operation; and various forms of Games support to the OCOGs, including through its Transfer of Knowledge programs. IOC contribution to support the Games USD million *Olympic Summer Games* 2004 Athens 965 2008 Beijing 1,250 2012 London 1,374 2016 Rio 1,531 *Olympic Winter Games* 2002 Salt Lake City 552 2006 Turin 561 2010 Vancouver 775 2014 Sochi 833 2018 PyeongChang 887 The IOC distributes revenue to each of the 206 NOCs (National Olympic Committees) throughout the world to train and develop their Olympic hopefuls, athletes and teams. The IOC also contributes revenue to Olympic Solidarity, an autonomous commission that distributes revenue to NOCs. Gross revenue to OS/NOCs USD million *Olympic Summer Games* 2004 Athens 234 2008 Beijing 301 2012 London 520 2016 Rio 540 *Olympic Winter Games* 2002 Salt Lake City 87 2006 Turin 136 2010 Vancouver 215 2014 Sochi 199 2018 PyeongChang 215 The IOC provides revenue to the IFs. (International Sports Federations) These funds, which are used to support the development of sport worldwide, are distributed after the completion of the Games in which the IF is active. Gross revenue to IFs USD million *Olympic Summer Games* 2004 Athens 257 2008 Beijing 297 2012 London 520 2016 Rio 540 *Olympic Winter Games* 2002 Salt Lake City 92 2006 Turin 128 2010 Vancouver 209 2014 Sochi 199 2018 PyeongChang 215 The IOC contributes to recognised international organisations, including the World Anti-Doping Agency (WADA), the International Council of Arbitration for Sport (ICAS), the International Olympic Academy (IOA), the International Testing Agency (ITA) and the International Paralympic Committee (IPC). The IOC also supports the IPC by enabling Paralympic athletes to compete in the same city as the Olympic Games, benefit from the same Organising Committee, use the same sports venues and facilities, and enjoy the same conditions for official travel and accommodation as Olympic athletes. A total of USD 44 million was distributed in 2019, making the total contribution for the current Olympiad USD 139 million. The IOC contribution supports the staging of the YOG (Youth Olympic Games). Celebrated for the first time in Singapore in 2010, the YOG is a new Olympic tradition that engages young people through sport, education and cultural programs. IOC contribution to support the YOG USD million *Summer YOG* 2010 Singapore 40 2014 Nanjing 50 2018 Buenos Aires 64 *Winter YOG* 2012 Innsbruck 20 2016 Lillehammer 35
@rext89493 жыл бұрын
It's called pork barrel politics. Spend the taxpayer's money on vanity projects, pocket a lot on the side along with your cronies and leave a huge hole for the next sucker to figure out. This is the stuff of short sighted politicians' dreams.
@EatMyShortsAU3 жыл бұрын
I wonder where that $50 BIllion in Sochi went. Probably in to Putin's and his cronies pockets..
@zico7393 жыл бұрын
Pork barrel projects are projects that create jobs or gain public favor in some way. This was not that at all.
@nikoid36313 жыл бұрын
@@EatMyShortsAU of course lol
@erinpilla5 ай бұрын
Living in a country where that is a thing, I say this is accurate
@ollyshuteye19823 жыл бұрын
So Tokyo is screwed. The IOC won't get their advertising and marketing revenue if Tokyo doesn't go through with the Olympics and Tokyo won't allow any international recreational tourists to visit Japan for the Olympics. So they spent an estimated 30 billion on the saddest summer Olympics of my time.
@BLUEKOMMEH3 жыл бұрын
Nah, Tokyo will be fine. They're actually smart about planning, and care a lot about long-time projects.
@bliblablubdiedadup7423 жыл бұрын
@@BLUEKOMMEH sure^^
@krish54453 жыл бұрын
Maybe not coz Japan already has the other infrastructure except stadiums coz they are very developed and also have hosted once. Brazil was the poorest country hosting the olympics ever and also corrupt.
@BOGOTAROCKSTAR3 жыл бұрын
@@BLUEKOMMEH Smart? Doest sound very smart
@toveakiii48853 жыл бұрын
Brazil was and is a poor country japan is not something like that their economy is much more better and in general they are much more smart
@BlackBox23613 жыл бұрын
Olympics: are expensive and not worth Countries hosting olympics: *Yes*
@nicksecord18163 жыл бұрын
yos
@MountandbladeSteppeNomad3 жыл бұрын
wtf is the point of life then, sports are the one thing that brings all together
@Sanyu-Tumusiime3 жыл бұрын
LA 2028? they gon be fine
@chancellorasher94173 жыл бұрын
It’s all about FLEX
@zeitgeistx52393 жыл бұрын
Notice how they didn’t cover the documented bribery. The hundreds of people you have to bribe for the Olympics.
@kenmelrac3 жыл бұрын
The olympics have become a show place where showing off is more important than the sports!!
@SermonsSubtitled3 жыл бұрын
Become? LOL It always was!
@XnonXte3 жыл бұрын
Damn.... wise word bro
@pridefulobserver38073 жыл бұрын
that is, what always has been, since antiquity really, a show off of city-states
@AKHKMP3 жыл бұрын
"so that we cannot be accused of any problems in the long run" Typical IOC comments.
@peterfarmer725 Жыл бұрын
London 2012 was probably the most successful in modern Olympic history,an incredible legacy...I suggest you visit East London!
@ANonymous-vu5zn3 жыл бұрын
The correct title for the video: “Why the olympics is a scam?”
@guccifer23 жыл бұрын
New twist in the scam this year, allowing controversial participants into woman's weght lifting. Surely that decision had nothing to do with TV rights... placing a bet now: viewership for womens weight lifting up 1000% and every newscycle caries some form of the controversy.
@metaparcel3 жыл бұрын
Scam? They're just games. They could create a hamburger eating contest as part of the games. It's a means a country projecting soft power and the IOC on making money as well as sponsors getting exposure. It's a business. It may not be a well run business but still a for profit semi political enterprise. The Oscars are a joke as well, the World Cup is corrupt, Formula 1 has cheating...it goes on and on but you still don't stop watching right? The problem is you just realized that the world isn't as pretty as mommy told you it would be.
@gs0320093 жыл бұрын
Well....yes!!!!
@pistolen873 жыл бұрын
The hosting countries pay for the new infrastructure. The athletes are competing. What the heck is the Olympic committee contributing?! Nothing!?
@kitkatkruncher223 жыл бұрын
They are basically charging for the right to use the word olympic. Think of it like paying for licensing rights
@conorchristmas68443 жыл бұрын
@@kitkatkruncher22 that’s really not correct. They do contribute.
@Dilley_G45 Жыл бұрын
Yep. So stop worshiping the brand. Look at football. Germany still doesn't allow individuals to own a team or name it after a brand or product. Red Bull couldn't so they had to finance a small club and give it a strange name. All to maintain the sport as a sport, not a business first
@scottg.g.haller32918 ай бұрын
What a weird libertarian attitude. The IOC maintains standards about what is required for this massive international competition. There doesn't just need to be a stadium, it needs to be able to hold a certain number of people and support very specific activities. There can't just be a stadium, but other venues for the variety of sports involved (cycling, fencing, wrestling, rowing, etc.). There doesn't just need to be some places for the athletes to sleep, there needs to be residences to support the athletes and the support staff. You need an experienced central organization so the host cities aren't reinventing the wheel every time.
@Magnums_Chronicles3 жыл бұрын
The Olympics should return to Cities that have already hosted the Olympics with the Venues already built so they can recoup some of their original investments and make some money for their local economies. And the Athletes Village should be built using Shipping Containers, that way they can easily be setup, and taken down, and shipped to each new Host City, and stored in a facility owned by the IOC.
@fawnwolf91953 жыл бұрын
I really like this idea
@rifoist3 жыл бұрын
The athletes village makes money tho.
@dicanzhu87013 жыл бұрын
good idea
@willjrp3 жыл бұрын
That’s how Qatar are doing it for one of their stadiums for the World Cup
@aussiegaming81563 жыл бұрын
Exactly I don’t get why cities try to host it if they aren’t able to afford it And why the IOC gives it to them
@ColombianLNP3 жыл бұрын
Crazy idea why doesn't the IOC just make a neutral island or destination the permanent host of the Olympics
@sureshrao47283 жыл бұрын
I know right! They can pick a neutral island and countries can take turns through a bidding process similar to the current one for hosting the event to renovate whatever facilities need attention. This avoids expensive one time investments of infrastructure and removes the need to displace thousands of locals by host countries. However, the problem with a permanent island/location comes in transportation of viewers. If it's an island, then an airport would have to be built and maintained just for the event. Similarly for hotels and restaurants though the expenses for maintaining the latter is significantly cheaper than maintaining a hotel. However the infrastructure for tourists problem can be skirted if the island is situated near a big city. Flights, accomodation and restaurants would see dramatic rise for the roughly 3 weeks of the event. Spectators can be ferried to and from the island. Yes this city near the island will benefit perhaps unfairly over others because this would be a permanent destination, but it cuts billions is potential costs. Coming back to the winning bidder situation, it would have to renovate existing facilities such as stadiums and housing for the atheletes. Because this would be an island, the housing for atheletes could be spread across a much larger area with individual cheap units rather than expensive high rise apartments that are hard to build and maintain. Meanwhile the stadiums would need a high initial investment but could but maintained at a cheaper rate. The most sustainable solution would be to reuse these venues. Hosting football, basketball matches and concerts would significantly reduce operating costs. Additionally, reusing the roads for events such as F3, F2 and F1 would further reduce costs. There definitely exist better long term solutions than simply leaving governments with billions in debt.
@triedzidono3 жыл бұрын
@@sureshrao4728 problem is, they'd have to pay for it. Its basically more economically effective to get others to pay for your profits/bribes & corruption, than building a new country from scratch that could afford this nonsense. Its a nice idea though. Build Oly-tlantis is basically the proposal here
@LonecloneProductions3 жыл бұрын
Cost wise that would be great, but it would take away from the spectacle and uniqueness of each Olympics. I can see where they all start to blend together. "Oh, it's been four years already?" It's a great moment to highlight the host countries and their cultures as well, they just clearly need a way more sustainable way of doing it.
@RaymondHng3 жыл бұрын
There is no neutral island that is large enough.
@lifeislikeabrokenpencil87963 жыл бұрын
Dubai? They are used to building massive projects on man made islands.
@thebradmarkschannel9573 жыл бұрын
If you can’t drink the tap water you probably shouldn’t be hosting the olympics.
@goozebump3 жыл бұрын
So america 😆
@user-ls2jg7vl2h3 жыл бұрын
@@goozebump brita
@goozebump3 жыл бұрын
@@user-ls2jg7vl2h lol
@paulwilliams20243 жыл бұрын
@@goozebump the USA has hosting the games more then any other country you sound stupid . Not to mention the USA doesn’t bankrupt itself to host the games . Also the USA makes money off hosting the games
@lilyanamaraboli58663 жыл бұрын
@@paulwilliams2024 He is talking about America as a continent 😒
@nabhannbn3 жыл бұрын
Host olympics in cities where 90% of facilities are already there
@paulwilliams20243 жыл бұрын
So the USA 🇺🇸 Canada 🇨🇦 UK 🇬🇧 Germany 🇩🇪 China 🇨🇳 , Japan 🇯🇵 those are the only countries that fit that criteria
@nabhannbn3 жыл бұрын
@@paulwilliams2024 there are many others too
@paulwilliams20243 жыл бұрын
@@nabhannbn like who ?
@nabhannbn3 жыл бұрын
@@paulwilliams2024 england is there, france etc
@AmbivalentMind3 жыл бұрын
@@paulwilliams2024 Like LA2028
@sebastiangruenfeld1413 жыл бұрын
I mean if the IOC wouldn't be so greedy and up their broadcast revenue share every few years, the games would seem a bit more manageable. What does the IOC even need money for? The host cities pay for the Olympics not the IOC.
@timberwolfe16453 жыл бұрын
I want to see the business expense sheet for the IOC
@MatthewStinar3 жыл бұрын
The IOC is a criminal organization, plain and simple. Cities should no more want to do business with the IOC than they should want to do business with the the Sinaloa Cartel.
@AM-md6sv3 жыл бұрын
The IOC is also well known for not wanting to pay taxes on it's profits. This has been confirmed in the negotiations they were doing for the bid of "Rhine-Ruhr 2032". As far as I know, the region didn't accept this and thus it was one of the reasons 2032 is going to Brisbane. they just want the money for their organisation.
@TheBooban3 жыл бұрын
@@AM-md6sv so why is Brisbane allowing this? Have to blame the IOC as much as governments. But governments do have power. Simply set up a new Olympics and don’t go to that one.
@user-ls2jg7vl2h3 жыл бұрын
Yeah that thing makes NO sense
@chancellorasher94173 жыл бұрын
Hosting an Olympic is more of a FLEX and come with a side home advantage benefit than being it an investment or for sports
@azulaquaza49163 жыл бұрын
USA and Canada have a bunch of stadiums for its multiple sports leagues and so is at an advantage to stay on budget and not construct anything new for a single event
@mrkdnvrmlln123 жыл бұрын
In overall, it’s all about the money that the IOC may get.
@okunrin33 жыл бұрын
I’m a Londoner and I think the 2012 Olympic has done very very well for East London. It seems nothing is wasted. I’ll like to see an analysis of it.
@okunrin33 жыл бұрын
Thanks, there is a report on London. Check it out guys. It’s made me feel that we did it right. I lived in East London before the Olympics, and I now work in a new swanky building! Westfield shopping centre is one of the biggest in Europe. Well done 👏🏿! I’m proud !
@Elisacr13 жыл бұрын
Vancouver benefitted. Highway 99 was improved. A new elevated train is still in use. The big speed skating building was redesigned into a massive community centre for use by local citizens. It is still in use. The torch statue is still there 11 years later. There was a huge extension built onto the Convention centre. It’s also in use.
@jccanteen3 жыл бұрын
It shouldn’t take the promise of hosting the olympics to get cities or countries to update their infrastructure 😒 If they have the money for the olympics, then they always had the money to invest in their city.
@stephenpahl75383 жыл бұрын
Turn Greece into an Olympic's BnB, they host the olympic but different Countries sponsor the Game, they add new features and remake the look and feel of the permanent grounds/location vast reduction in cost when infrastructure cost mostly removed and Greece get a better deal in the world economy
@sm36753 жыл бұрын
Greece (Athens) is ugly.
@offroadsnake3 жыл бұрын
@@sm3675 respect greece
@xsforreal3 жыл бұрын
No county would support that. Why would Greece get to host the Olympic games and get all the tourism profits? I'm sure other countries would rather it be then who makes the money. That's why the Olympics go to a new country every year
@offroadsnake3 жыл бұрын
@@xsforreal and no country support that stay in California either by the way greece it's where born the olimpics
@jdkingsley65433 жыл бұрын
@meet beeterz exactly lmao, tf were they talking about
@ardentdfender41163 жыл бұрын
Someone is laughing all the way to the bank while someone else is draining money out a heavy sac.
@ryansutter42913 жыл бұрын
A heavy sac huh?
@RaymondHng3 жыл бұрын
Those people happen to speak Russian.
@tkelvin38363 жыл бұрын
Correct title: How IOC sucks your money for taking pride in organizing sports event that should be free
@vivaan28833 жыл бұрын
no that's not true, countries bid to host it but their budget goes high
@Pyrrhic.3 жыл бұрын
Why does the IOC need that much revenue, like what costs do they have. They pass the bulk of the Olympic Games cost to the cities
@kitkatkruncher223 жыл бұрын
Higher cut, they own the sole rights to the Olympics, so they can charge what ever they want since alot of countries want bragging rights and will use what ever tax payer money to do so, while the tax payers for the bill. That's not on top of them hiring friends, family, cutting corners, and taking bribes to build the facilities
@seanthe1003 жыл бұрын
American cities have a major advantage due to having NFL, NBA, MLS, MLB, and even hockey. Not to mention all Major universities have the same facilities.
@alisonsmith48013 жыл бұрын
Ever thought that in most European countries they have the same facilities with even bigger stadiums, and better infrastructure and transportation. The world fortunately doesn't revolve around the US.
@seanthe1003 жыл бұрын
@@alisonsmith4801 I wasn't aware Europeans were into basketball and baseball. I was simply alluding to the 1984 Olympics in Los Angeles winch was the most economical Olympics due to being a large American city with many large sporting venues.
@alisonsmith48013 жыл бұрын
@@seanthe100 There not, but they are plenty of large European cities that have outstanding sporting venues and facilities with excellent transportation infrastructure, all easierly accessible to each other, who play and have facilities for more sports than Americans play.
@plantbasedeater16563 жыл бұрын
China now has the same and more advanced because they are more recently built.
@susannemoseidbryhni98983 жыл бұрын
I think all 1st and maybe even most 2nd world countries have huge sports tournaments and gigantic sports stadiums 🙃 but it’s not your fault for not knowing, I know you guys have a broken education system
@karthik_mv3 жыл бұрын
Why should IOC take more than 10% cut? It should go to the City Hosting it.
@RaymondHng3 жыл бұрын
From the 2019 annual report at stillmed.olympics.com/media/Document%20Library/OlympicOrg/Documents/IOC-Annual-Report/IOC-ANNUAL-REPORT-2019.pdf : The IOC redistributes 90% of its revenue from an Olympiad to support the staging of the Olympic Games and promote the worldwide development of sport and the Olympic Movement. The IOC retains only 10% of Olympic revenue for IOC activities to develop sport and to cover the operational costs of governing the Olympic Movement. The IOC contribution supports the staging of the Summer and Winter editions of the Games. This includes direct contributions to the OCOGs (Organizing Committees for the Olympic Games); considerable costs that previously had been borne by the OCOGs, such as the host broadcast operation; and various forms of Games support to the OCOGs, including through its Transfer of Knowledge programs. IOC contribution to support the Games USD million *Olympic Summer Games* 2004 Athens 965 2008 Beijing 1,250 2012 London 1,374 2016 Rio 1,531 *Olympic Winter Games* 2002 Salt Lake City 552 2006 Turin 561 2010 Vancouver 775 2014 Sochi 833 2018 PyeongChang 887 The IOC distributes revenue to each of the 206 NOCs (National Olympic Committees) throughout the world to train and develop their Olympic hopefuls, athletes and teams. The IOC also contributes revenue to Olympic Solidarity, an autonomous commission that distributes revenue to NOCs. Gross revenue to OS/NOCs USD million *Olympic Summer Games* 2004 Athens 234 2008 Beijing 301 2012 London 520 2016 Rio 540 *Olympic Winter Games* 2002 Salt Lake City 87 2006 Turin 136 2010 Vancouver 215 2014 Sochi 199 2018 PyeongChang 215 The IOC provides revenue to the IFs. (International Sports Federations) These funds, which are used to support the development of sport worldwide, are distributed after the completion of the Games in which the IF is active. Gross revenue to IFs USD million *Olympic Summer Games* 2004 Athens 257 2008 Beijing 297 2012 London 520 2016 Rio 540 *Olympic Winter Games* 2002 Salt Lake City 92 2006 Turin 128 2010 Vancouver 209 2014 Sochi 199 2018 PyeongChang 215 The IOC contributes to recognised international organisations, including the World Anti-Doping Agency (WADA), the International Council of Arbitration for Sport (ICAS), the International Olympic Academy (IOA), the International Testing Agency (ITA) and the International Paralympic Committee (IPC). The IOC also supports the IPC by enabling Paralympic athletes to compete in the same city as the Olympic Games, benefit from the same Organising Committee, use the same sports venues and facilities, and enjoy the same conditions for official travel and accommodation as Olympic athletes. A total of USD 44 million was distributed in 2019, making the total contribution for the current Olympiad USD 139 million. The IOC contribution supports the staging of the YOG (Youth Olympic Games). Celebrated for the first time in Singapore in 2010, the YOG is a new Olympic tradition that engages young people through sport, education and cultural programs. IOC contribution to support the YOG USD million *Summer YOG* 2010 Singapore 40 2014 Nanjing 50 2018 Buenos Aires 64 *Winter YOG* 2012 Innsbruck 20 2016 Lillehammer 35
@texastriguy3 жыл бұрын
The Atlanta Games did well. Despite being over budget, the total budget was reasonable and the games made a lasting impact to the area.
@Ellerich33 жыл бұрын
I agree and those faculties are still being utilized today, other than the Georgia Dome which is no longer with us 🥺🥺
@RaymondHng3 жыл бұрын
The venue for tennis, however, fell into disrepair and later demolished.
@Ellerich33 жыл бұрын
@@RaymondHng but the investment in said tennis courts probably wasn’t that great compared to Stadiums and housing etc
@244hayrick3 жыл бұрын
Imagine if only those money spent on these Games would be used to instead alleviate poverty and hunger in many countries around the world. Then everybody's a winner. Just imagine.
@romiarkan4503 жыл бұрын
There should've been a Wii Sports resort island for the games
@jjlasne3 жыл бұрын
The genius of the 1984 Summer Olympics in Los Angeles was to use and refurbish older facilities like the Coliseum instead of building up new ones. There was also plenty of facilities available across the region such as the ones at UCLA or USC among others.
@SunnyB_adventures3 жыл бұрын
So now they're just forcing the games on cities that don't even really want them????? WTF is wrong with the IOC
@seant82923 жыл бұрын
LA and Paris had both Bid for the 2024 Olympics originally. The IOC was concerned no one would bid on the 2028 games, thats why they Awarded them to LA when Paris won the 2024 games. These cities both planned on hosting the the games beforehand, they weren't randomly selected or forced.
@moranii18433 жыл бұрын
Brain damage
@christopherramos84903 жыл бұрын
Politicians benefit from the Olympics and that's the reason why they will never go away
@therealadil3 жыл бұрын
They should just build an Olympic Island and hold it there every four years
@Bigchannel343 жыл бұрын
I have 2 simple solutions. 1. Use countries with infrastructure already built. 2. Every 2 or 3 Olympics have a "default" country with proper infrastructure and use the excess profit to assist those without the infrastructure on the years you use other places. It's not really a difficult issue to handle.
@darkonikolic83773 жыл бұрын
They should just design stadiums in a way that can be turned into social housing, open markets or shopping malls or something else that serves the citizens in long terms. Even parking lots or garages for busses would make sense
@nemeanlioness3 жыл бұрын
why not just cancel it, useless anyways
@brybryguy63143 жыл бұрын
What they should do is have two permanent cities to host the games, one for summer and one for winter.
@aussiegaming81563 жыл бұрын
Or having it with cities that have the infrastructure Like London La Atlanta Sydney Melbourne or Athens
@justsamoo34803 жыл бұрын
Olympic stadiums are always used after the games. Problems become baseball ballparks, beach volleyball arenas, aquatic centres, kayak facilities, velodromes etc. edit: the only olympic stadium that hasn’t been used after was for Pyongyang, which was demolished right after the game.
@brybryguy63143 жыл бұрын
@@justsamoo3480 not to mention all the housing facilities that are unused. Like in RIO all their olympic housing towers are just sitting there unused and still owned and tied up with the olympic committee
@kevineusebio3 жыл бұрын
Maybe if IOC stop taking all that tv revenue maybe cities would be able to cover some of these costs. It's insane to me that cities spend millions of dollars just for consideration to host the games.
@RaymondHng3 жыл бұрын
The IOC does redistribute its revenue towards costs, but not the entire cost. From the 2019 annual report at stillmed.olympics.com/media/Document%20Library/OlympicOrg/Documents/IOC-Annual-Report/IOC-ANNUAL-REPORT-2019.pdf : The IOC redistributes 90% of its revenue from an Olympiad to support the staging of the Olympic Games and promote the worldwide development of sport and the Olympic Movement. The IOC retains only 10% of Olympic revenue for IOC activities to develop sport and to cover the operational costs of governing the Olympic Movement. The IOC contribution supports the staging of the Summer and Winter editions of the Games. This includes direct contributions to the OCOGs (Organizing Committees for the Olympic Games); considerable costs that previously had been borne by the OCOGs, such as the host broadcast operation; and various forms of Games support to the OCOGs, including through its Transfer of Knowledge programs. IOC contribution to support the Games USD million *Olympic Summer Games* 2004 Athens 965 2008 Beijing 1,250 2012 London 1,374 2016 Rio 1,531 *Olympic Winter Games* 2002 Salt Lake City 552 2006 Turin 561 2010 Vancouver 775 2014 Sochi 833 2018 PyeongChang 887 The IOC distributes revenue to each of the 206 NOCs (National Olympic Committees) throughout the world to train and develop their Olympic hopefuls, athletes and teams. The IOC also contributes revenue to Olympic Solidarity, an autonomous commission that distributes revenue to NOCs. Gross revenue to OS/NOCs USD million *Olympic Summer Games* 2004 Athens 234 2008 Beijing 301 2012 London 520 2016 Rio 540 *Olympic Winter Games* 2002 Salt Lake City 87 2006 Turin 136 2010 Vancouver 215 2014 Sochi 199 2018 PyeongChang 215 The IOC provides revenue to the IFs. (International Sports Federations) These funds, which are used to support the development of sport worldwide, are distributed after the completion of the Games in which the IF is active. Gross revenue to IFs USD million *Olympic Summer Games* 2004 Athens 257 2008 Beijing 297 2012 London 520 2016 Rio 540 *Olympic Winter Games* 2002 Salt Lake City 92 2006 Turin 128 2010 Vancouver 209 2014 Sochi 199 2018 PyeongChang 215 The IOC contributes to recognised international organisations, including the World Anti-Doping Agency (WADA), the International Council of Arbitration for Sport (ICAS), the International Olympic Academy (IOA), the International Testing Agency (ITA) and the International Paralympic Committee (IPC). The IOC also supports the IPC by enabling Paralympic athletes to compete in the same city as the Olympic Games, benefit from the same Organising Committee, use the same sports venues and facilities, and enjoy the same conditions for official travel and accommodation as Olympic athletes. A total of USD 44 million was distributed in 2019, making the total contribution for the current Olympiad USD 139 million. The IOC contribution supports the staging of the YOG (Youth Olympic Games). Celebrated for the first time in Singapore in 2010, the YOG is a new Olympic tradition that engages young people through sport, education and cultural programs. IOC contribution to support the YOG USD million *Summer YOG* 2010 Singapore 40 2014 Nanjing 50 2018 Buenos Aires 64 *Winter YOG* 2012 Innsbruck 20 2016 Lillehammer 35
@lauri40333 жыл бұрын
We in Finland still use the Olympic stadium and village that were build for the 1952 Summer Olympic.
@flexiblebirdchannel3 жыл бұрын
Germany in Munich also, but that was before the IOC made the Olympics a money pit.
@ns70233 жыл бұрын
México City as well
@Jackdudu3 жыл бұрын
Olympic: wanna earn billions? Politicians: Yes!
@dilipvats79343 жыл бұрын
Putin 🙋♂️
@ktelite3 жыл бұрын
@@dilipvats7934 Putin was smart af to use Olympics to divert people attention away from annexation of Crimea.
@user-di1nt4fm3f3 жыл бұрын
London 2012 got it right, the olympic investment completely revitalised east london. Also the venues built are still in use to the benefit of British people and athletes.
@ashleyh2493 жыл бұрын
To me it would make sense to pick a dozen or so cities around the world to be rotating hosts of the Olympics. When not hosting use the facilities as training centers for athletes from anywhere. There's already housing on the Olympics sites the training athletes and coaches could rent.
@the73113 жыл бұрын
I think LA hosting in 2028 will also be profitable for LA. We already have so much infrastructure here and any additional money spent to improve it the county will greatly benefit the residents here.
@fatimaani83463 жыл бұрын
But the public transport infrastructure is sub par, how will all that crowd be moved around.
@TomNook.3 жыл бұрын
Shame about the riots
@the73113 жыл бұрын
@@fatimaani8346 well then they will need to improve it and in turn it will benefit the county. I wrote all there.
@neeljavia29653 жыл бұрын
@@fatimaani8346 They are already trying to expand the railway.
@ZebraLens3 жыл бұрын
Atlanta 1996 did very well managing cost, due in part to Coca Cola (headquartered there) helped with some costs. The city government also had a good plan for the venues use after those games.
@FKS19943 жыл бұрын
These facilities should've been converted into venues for concerts, parties, events, etc., Instead, they sit their idle. You could also turn it into a large park. Plenty of ways to use these infrastructures. Unfortunately, we all know what happens. Olympics games are a great way for corruption to go rampant. It's the same with stadium arenas being funded in the states. Wealthy team billionaire owners get a subsidized arena at the cost of taxpayers.
@SdoubleA3 жыл бұрын
In London, our Stadiums were designed to be used after the games. The stadium is now a football stadium. The swimming pool is now a leisure centre. Copper Box Arena is an actual boxing gym. The athletes' quarters are all flats that have been sold or rented out and Stratford is now one of London's nicest places.
@1964mcqueen3 жыл бұрын
In most cases the venues are too expensive for the host city/country to keep up. They can cost millions each year to maintain and most facilities are only good for the sport they were designed for. A velodrome is not good for anything but cycling and too expensive for local cyclist to maintain on their own.
@FKS19943 жыл бұрын
@@1964mcqueen I don't disagree about the maintenance but where I live, NYC, taxdollars go to a ton of various projects. Keeping these venues open and under maintenance would increase jobs and the lifestyle for many people. Like I've stated, imagine if you could turn these into huge parks and allow commercial stores or events to operate... There are plenty of ways to make it viable but the intentions of it generally aren't planned with that being in mind.
@wdmc20123 жыл бұрын
If a country/city doesn't have these facilities before they host the olympics, then they are not going to need them after the Olympics. But it's the countries that put in bids to be hosts, so they are literally asking for trouble.
@1964mcqueen3 жыл бұрын
@@FKS1994 it would be much cheaper to just build the parks and do the upgrades to public spaces instead of building multi-billion dollar facilities that only serve their pupose for 2 weeks before needing millions more to make them useful to the community.
@JoseMariaMx13 жыл бұрын
Each and every one of the stadiums, facilities and buildings built for the 1968 Mexico Olympics are still operational to this date and benefit many people ... As I see it, the secret is to have an architecture designed for the people and not sterile, disposable and without a future structures designed by snooty architectural firms to overwhelm the media.
@psychout34813 жыл бұрын
Hard to have a profitable Olympic these days, like during 1968, when today the IOC takes up 51% of the revenue of the event.
@JoseMariaMx13 жыл бұрын
@@psychout3481 you're right
@pawl233 жыл бұрын
The Olympics require a highly organized government with a large amount of demand for stadiums after the games.
@erickvillegas83273 жыл бұрын
If a city does not already have all or almost all the venues built before launching their bid to host the Olympics, they really should not be thinking of hosting them at all.
@saltyroe31793 жыл бұрын
Having worked on 1984 Olympics, our success (not duplicated by other LOCs): A leader who was a businessman who was a genius in travel and entertainment (versus politicians). We got to keep most of the TV money (instead of the IOC taking it). Ueberroth practically invented sponsorship naming rights, a great deal of the infrastructure was paid for by the sponsors who wanted their name displayed, we also got product for free (at HQ there were free coke products, free chocolate, managers had free cars). While we had built the 1st Olympic village in 1932, in 1984 we used the UCLA and USC dorms to house most of the athletes and only building temporary structures for athlete entertainment. Many venues were still around from from 1932 and others had built for non Olympic use . Some venues were temporary structures which were little more than plywood shacks with nice paint jobs. Ueberroth hired experts, many who he knew for his business career, if they didn't perform, he fired them on the spot. We had a trouble shooting team that effectively helped the managers.
@RaymondHng3 жыл бұрын
And yet a new stadium is being built for the Opening/Closing Ceremonies
@MersageSW3 жыл бұрын
Y'all should have mentioned the idea to choose 1 - 2 locations on each continent to host the games and solve most of the expensive problems of the Olympics and World Cup for that matter.
@animewatch42133 жыл бұрын
Why not split the games into multiple cities so the burden is more spread out.
@aaronlane82763 жыл бұрын
ikr, they do that with the Fifa World Cup, why not do it for the Olympics?
@hoddo1213 жыл бұрын
The 2032 bid which is 95% likely going to Brisbane is doing this. The games will be spread out to the Gold Coast, Sunshine Coast and maybe even more. And with no new sporting venues needing built just upgrades it could pay off
@RaymondHng3 жыл бұрын
@@hoddo121 The IOC also modified the Olympic Charter to increase its flexibility by removing the date of election from 7 years before the games and changing the host as a city from a single city/region/country to multiple cities, regions, or countries.
@latadhanuka98493 жыл бұрын
@@aaronlane8276 Not just football... any sport World Cup are held in diff cities and always has been but don't know why it isn't applied on Olympics
@whatthefisfilipinx3 жыл бұрын
I was thinking the same thing! Why not the concept of a whole continent taking part in the Olympics? For example in Asia, Tokyo will have the opening ceremony while Manila will have Basketball (you get my point) I think countries will have time to prepare because they're only focusing on a particular sport and not focus on the whole event in general.
@ichifish3 жыл бұрын
Just imagine if a city said "we're going to budget the money required host an Olympics, but then we're just going to build necessary infrastructure with it." Seems like a better solution.
@griffinbird30003 жыл бұрын
I heard a lot of japanese people were against Japan hosting the olympics and honestly I would be too. Good thing my country is so small it'll never hold the olympics
@vlesmeries3 жыл бұрын
Would you want to either when 90% of your population is not fully vaccinated, the new Delta+ variant is 50% more dangerous and the pandemic is still raging around the world? It's just dumb and extremely dangerous that the IOC is insisting it has to happen this year. The IOC promises to boost international tourism. If they delay it another year, the games can open up to most of the world to come visit Japan and boost the stagnant economy. Instead, they're forcing local folks to spend money and support the games (and fill the IOC's pockets).
@justsamoo34803 жыл бұрын
Pre-pandemic they did support it. Tokyo was on track to become a success story like London 2012, however now that Japanese government failed a vaccine roll out and costs skyrocketed, public support nose dived.
@BNK24423 жыл бұрын
@@vlesmeries There was an anti olympic movement in Japan before the pandemic. I found one article called "‘NOlympics Anywhere’: Unprecedented Transnational Olympics Protest in Tokyo" from July 2019 saying: "It was Wednesday, July 24 in the teeming district of Shinjuku, Tokyo, the summer evening air sizzling with energy. And for the transnational anti-Olympics movement, the moment was historic-not just for the legions of passers-by exposed to the critical message but for the unprecedented transnational nature of the march. Organized by the Tokyo-based collective Hangorin no Kai (‘the Anti-Olympic Group’), the protest featured representatives from NOlympics LA (LA 2028), NON aux JO2024 à Paris (Paris 2024), the Anti Pyeongchang Olympic Alliance (Pyeongchang 2018), the Popular Committee on the World Cup and Olympics (Rio 2016), and the Counter Olympics Network (London 2012). There were also participants from Seoul and Jakarta, two cities that are considering bids for the 2032 Games."
@sonsuenos3 жыл бұрын
This is true protests are happening now
@cooksowell3 жыл бұрын
The Montreal Metro was not built for the Olympics but for the international Expo of 1967, only few stations were added for the Olympics.
@LuckyK77773 жыл бұрын
And what happened to those expos? No more? Could that happen to the Olympics?
@cooksowell3 жыл бұрын
@@LuckyK7777 In fact the 1967 International Expo had a seismic effect on the society, opening a close and retrograde culture to the world. In terms of infrastructure it constructed some essential facilities that are still in great usage today. I speak from experience being a French Canadian born in the sixty and living in Montreal. The Olympics in 1976 was a financial disaster that indebted the citizen for decades and in my view had little positive outcome. It diverted huge sums of money to things that would have helped, like health, education and affordable housings. Olympics are just a sporting event that has become a vanity project for government and politicians and has little effect on the population.
@LuckyK77773 жыл бұрын
@@cooksowell I went to the 1984 one in New Orleans then I never heard much about new ones again. I just did a Wikipedia search to find they are still going. I don't hear much about them.
@RaymondHng3 жыл бұрын
Building an extension to the Montreal Metro for the 1976 Olympic Games was not cheap. After being awarded, in May 1970, a loan of $430 million ($2.7 billion in 2016) was approved by the Montreal Urban Community on February 12, 1971 to fund the extensions of Line 1 (Green Line) and Line 2 (Orange Line) and the construction of a transverse line: Line 5 (Blue Line). The Government of Quebec agreed to bear 60% of the costs. The work on the extensions started October 14, 1971 with Line 1 (Green Line) towards the east to reach the site where the Olympic Stadium was to be built and Autoroute 25 (Honoré-Beaugrand station) that could serve as a transfer point for visitors arriving from outside. The extensions were an opportunity to make improvements to the network, such as new trains, larger stations and even semi-automatic control. The first extension was completed in June 1976 just before the Olympics. Line 1 (Green Line) was later extended to the southwest to reach the suburbs of Verdun and LaSalle with the Angrignon as the terminus station, named after the park and zoo. This station opened in September 1978. In the process, further extensions were planned and in 1975 spending was expected to reach reached $1.6 billion ($7.3 billion in 2016). Faced with these soaring costs, the Government of Quebec declared a moratorium May 19, 1976 to the all-out expansion desired by Mayor Jean Drapeau. Tenders were frozen, including those of Line 2 (Orange Line) after the Snowdon station and those of Line 5 (Blue Line) whose works were yet already underway. A struggle then ensued between the MUC and the Government of Quebec as any extension could not be done without the agreement of both parties. The Montreal Transportation Office may have tried to put the government in front of a fait accompli by awarding large contracts to build the tunnel between Namur station and the Bois-Franc station just before the moratorium was in force.
@samelmudir3 жыл бұрын
Also. A small window for construction doesn’t allow for price competition. It’s usually rife in corruption since they preselect their friends for infrastructure projects and charge whatever they feel.
@sonsuenos3 жыл бұрын
The IOC needs to give more!! If it's really this much it's not worth it. The bids sound insane. It should be just countries offer to host and the IOC should help them build. Not cities building then possibly getting chance to host.
@IMagnus1231231233 жыл бұрын
All future summer Olympics should be held in Las Vegas. All the stadiums, hotel rooms, etc.. are already built.
@baaskas54283 жыл бұрын
>America
@klonoafan20123 жыл бұрын
Las Vegas actually tried to bid for a olympics games once but the ioc rejected them even before they tried to pitch it
@baaskas54283 жыл бұрын
@@klonoafan2012 that's based af
@RaymondHng3 жыл бұрын
@@klonoafan2012 An American city must be selected by the United States Olympic Committee in order to submit a bid to the International Olympic Committee. The USOC at the time confirmed that the United States was not going to bid. Las Vegas, however, submitted a bid to the IOC without USOC consent and were rejected by the IOC because they did not have the required USOC consent.
@Natalia-sn5lq3 жыл бұрын
Another huge issue is that the "revenue" from building sports stadiums (including hosting the Olympics) never actually stays in the host city. There are several reasons why, including that people who staff and play at sport events usually don't live in the area, food and merchandise sold at the event comes from non-local areas, and people who spend money on sporting events aren't spending "more money" than they otherwise would have; they are just choosing to spend their money on a scam sporting event rather than at a local restaurant etc.
@savvy_pineapple26165 ай бұрын
These overblown budgets would be more worth it if cities hosted the Olympics every 20-30 years or so. If the infrastructure could be maintained for that time period, it would eliminate building costs substantially and result in more revenue for the city. Having to update a building or two for the games is a lot more manageable than constructing a village, venues, and an expanded transportation system.
@JamesJohnAgar3 жыл бұрын
Yes- it’s not worth it, we held the Olympics here in London & if it wasn’t for WHU FC taking the stadium with a reduced rent then it would be sitting their idle.
@Starmix903 жыл бұрын
I live in Stratford and I agree with you regarding West Ham part, however I do think it’s fantastic how much of legacy has been left my the games in Stratford. The Olympic park hosts several teams, clubs and events. The Westfield centre alongside the new east bank site helps really adds a lot of culture and excitement to the area. I’m sure it’s all dirty money, but what do we truly expect 😅
@JamesJohnAgar3 жыл бұрын
@@Starmix90 it’s good you have Stratford International & transport links as well as the Westfield Centre. You also have the copper box arena for events/boxing I think, Otherwise I think the area would be deserted.
@SdoubleA3 жыл бұрын
@@JamesJohnAgar And the swimming pool has been turned into a leisure centre.
@ianism33 жыл бұрын
Yeah Montreal got the metro (they only replaced the original trains a couple years ago), but the city was in debt for 30 years. urban planning and development was basically put on hold for an entire generation. it's only been improving since the late 2000s, but unfortunately that has the effect of driving up housing prices and rent.
@nurainiarsad73953 жыл бұрын
Listening to the list of things the Olympic village ‘has’ to have… really? Just cater in or something. It’s just temporary. If the restaurants or whatever isnt already there or nearby then the accommodations is in the wrong place and would certainly be useless locally after the games.
@cubxiomara3 жыл бұрын
There literally has to be food being made around the clock nor breaks for over 17,000 people and it makes more sense to cook it there and have big cafeterias (which is how they serve their food) there’s a lot of extra tourism stuff they include to make it more a fantasy experience for players that cities don’t need to have, Rio has so much wasted park space it’s sad
@MudhaffarAdhwa3 жыл бұрын
10:15 1998 Nagano: you cant overrun the initial budget if you don't have one
@socialistsolidarity3 жыл бұрын
The only successful Olympics I can think of is London 2012. Most of the buildings were temporary structures and some other stadiums are there can be used by the public.
@percyppenguin86873 жыл бұрын
Have a look at the Sydney games. All the venues that were not temporary and still used, especially the Olympic stadium is used every weekend to host multiple sporting events (soccer, rugby, rugby league all have home teams based in it)
@meluk69913 жыл бұрын
Flew to Sydney for a week long conference that took place in Sydney Olympic Park in 2015 and was blown away at how well utilized the infrastructures were from 2000. They even let my team book a box room to use in the rugby stadium to hold a meeting in and it proved a wiser choice as the guests experience a change in scenery from the mundane conference room approach. I even delayed the meeting time to 5pm and added free drinks for guests so it was more of a happy hour meeting with a view of the stadium. It was brilliant!
@billyzee2613 жыл бұрын
VP Harris has asked volunteers in Atlanta and elsewhere to go door to door and encourage them to get their vaccine. She states that the President's goal of 70% is falling way short and that we must do this to save lives. Please people, let's get serious, get yourself and your family vaccinated. Talk to your friends and together, we can save lives!
@socialistsolidarity3 жыл бұрын
@@percyppenguin8687 Yes also apart from Sydney. But still very few cities have managed to make a success out of it.
@percyppenguin86873 жыл бұрын
@@socialistsolidarity so maybe we all should stop blaming the Olympics and start blaming the completely inept governments who run the host cities
@gooseegg34392 жыл бұрын
I believe there are three types of Olympic hosts that would make the games sustainable and give a positive legacy: 1) Have the games be hosted by a previous host city such as LA, London, Paris and Sydney for summer games and Vancouver, Calgary, Salt Lake City and Turin for winter games who had successful impacts hosting and still have the venues needed. 2) Have the games hosted by a new host that has all the infrastructure and at least 80% of the permanent venues needed to host. Cities like Toronto, New York, Chicago, Madrid, and Brisbane have all or most of the venues needed and have permanent tenants. 3) Have the games co-hosted by multiple cities in the same country or a whole country similar to the world cup of soccer. For example, Toronto and Montreal co-hosting the summer games and Calgary and Edmonton (it can be named Alberta 20??) hosting the winter. I remember here in Canada it felt like the whole country was hosting the Vancouver 2010 winter games with all the buzz and there's normally a lot of federal funding that goes into it anyways. By the looks of the current choices by the IOC for future hosts it seems like their going in that direction. Hopefully these hosts will be successful and profitable which will bring back the magic and excitement that the Olympic games use to have.
@shut_up_abe66193 жыл бұрын
So the IOC gets flown around, has costly demands, and pampered and takes a majority of the income from the games without risking anything out of pocket. I'm in the wrong business lol
@adw68943 жыл бұрын
I love Olympics and global sport evens. Praise for Sport Spirit and sportmanship between nations. Sport is something so respectful and meaningful. The whole world together training and respect each others on a fair sport race without sexist and racist.
@BubbleGumzKorner3 жыл бұрын
This doc revealed a lot, but didn't mention that the IOC split the Olympiad into different years so they could get more tv rights. Remember, til like the mid-80s, the Winter and Summer Olympics were in the SAME year, the Olympiad year. Not anymore. They SAY it's so each games has their own spotlight. Naaaaaaaaah, it's so the IOc could get more money, for licensing and venues etc These cities have no one competing with them b/c as the doc said, the IOC makes all the money, not the cities. It COSTS cities billions to host Olympics. They don't GAIN billions.
@mickeypigduck23073 жыл бұрын
Does anyone else find it disturbing that the money is always there for the games while people live in poverty and starve without health care in a crumbling infrastructure society while governments do absolutely nothing but build weapons of war and bloviate about who is the most godly and righteous?
@nicolasrios73823 жыл бұрын
The World Cup for the US will cost nothing as they already have all the best stadiums of the world from the NFL. In LA, Vegas, Atlanta, Houston/Dallas, Arizona, New York, Minnesota, New Orleans. All of these are massive indoor stadiums (except NY) that have hotel capacities.
@sapihrcristal3 жыл бұрын
Since when is mexico and canada part of the usa ?
@alisonsmith48013 жыл бұрын
Best stadiums in the world for football, erm I think England, Spain and Germany would beg to differ. Do you actually have a world class stadium built for football.
@Allen-k6n1o5 ай бұрын
LA can hold the Olympics because they already have the facilities already. LA held the olympics back in 1984 so they just use the same facilities.
@MrBignick883 жыл бұрын
Australia has its own way of hosting olympics once the games are over we turn the stadiums into football and cricket grounds swimming pools turn into public Sydney still uses the facilities from the last olympics
@equarg3 жыл бұрын
As an American, I got to see that. I even got to see the pool! The super high diving board was closed (but they showed up the bubbling device under water used to help soften water impacts due to the great height involved). Glad to see how many more permanent features were used after the games. Good for you guys! 👍
@RaymondHng3 жыл бұрын
Sydney Olympic Stadium (now Stadium Australia) removed seating capacity of the stadium from 115,000 to 82.500.
@Taeallday8023 жыл бұрын
They are going to have to start paying the city’s to host the games. They should at least let the host city keep the broadcast money.
@anonymityaddictsanonymous59783 жыл бұрын
The IOC just needs to give the tv rights to the city
@nikoid36313 жыл бұрын
I hope the next Olympics choose a city that has existing infrastructure and is ready rather than burdening cities that do not meet infrastructure.
@RaymondHng3 жыл бұрын
Even though there are existing facilities in Paris and Los Angeles, they are still building new venues for the the 2024 and 2028 Olympic Games respectively.
@divinusnobilite3 жыл бұрын
Woo! Salt Lake city was the only game under budget. I am so proud of Utahns!
@anthonyproctor5104 Жыл бұрын
Brisbane 2032 will have a 50k seat stadium. It's used all year round for football and cricket. It is a new build as the current Gabba stadium is well over due for a major upgrade. Brisbane has 84% of it's venues already built. And being it is the first regional games ever held it spreads the costs out rather then all the costs on one single city. Sydney 2000 set a catalyst for the Olympics. And Brisbane 2032 will be the new catalyst which future hosts will follow. Time will tell.
@rajivmurkejee74987 ай бұрын
Both Sydney and Brisbane needed bigger stadiums than those already existing
@tiwam3 жыл бұрын
It is no less or no more than a sport event. Why not using the existing facilities?
@AwesomeSauce71763 жыл бұрын
I doubt Rio had a facility big enough for the Olympics. Also as a matter of national pride they probably wanted it to be new and shiny
@jasonfarkas47193 жыл бұрын
@@AwesomeSauce7176 Think he means use rio multiple years in a row
@lincan41083 жыл бұрын
blind nationalism and greedy politician
@latadhanuka98493 жыл бұрын
@@AwesomeSauce7176 U can check a video regarding how Rio managed to hide the poverty sufferings of people for the Olympics
@user-tz5uq2bt1s3 жыл бұрын
I get that seeing the best humanity can offer is neat, but it is really worth THIS much?
@oxdhaoxt36943 жыл бұрын
Yes
@user-tz5uq2bt1s3 жыл бұрын
@@oxdhaoxt3694 Let the people who care about it pay for it, and the people who don't get that tax money refunded. I have zero interest in the Olympics and see zero benefit from their presence in my country. Better yet, don't use taxes to finance them. Let them sell tickets and fund themselves like any other private business.
@anechkagee53723 жыл бұрын
Correction: "best humanity can offer with the help of drugs"
@richardyudi10303 жыл бұрын
Indonesia Asian games leftover facilities is know utilized for emergency hospitals..
@Steelrat19943 жыл бұрын
Sochi game is such an outlier with it's 51 billion cost not because olympics are getting more expensive, but because it was a huge opportunity to steal budget money. They had an excuse for pumping nearly unlimited amount of money into it, so they did and everyone who could has got their cut.
@tylerbrocato37003 жыл бұрын
I think the Olympics now needs a dedicated site and facilities where they're held ever Olympics year and money spend on keeping those facilities up to date and maintained. Idk how that could be funded but think that's better than current system cities spending billions of dollars on facilities often only used once and fall into disrepair. I also know the spirit of the Olympics is international cooperation and competition and this has been a tradition of cities and different countries being involved in hosting. Plus where would this facility or two be located and if we picked this city or county, worries other would be upset about that choice.
@brentanllewellyn389811 ай бұрын
Australia 2000. Housing costs doubled after it because visitors realised how cheap it was. We still suffer, 23 years later
@timberwolfe16453 жыл бұрын
Notice how they mainly glanced over the fact that the Olympic Body that decides where the game are held and such, which only operates every OTHER YEAR, makes 2 BILLION DOLLARS in revenue which the costs of the games are SUPPOSEDLY 2B DOLLARS. It's a small group company with too big a strangle hold on the games too
@Dr.Pepper0013 жыл бұрын
Japan has ruled that no foreigners will be allowed in to see the events. Only Japanese citizens will be allowed to attend and the maximum number allowed in the main arena will be 10,000.
@Dr.Pepper0013 жыл бұрын
@Ben Kang -- Only 4% of Japanese have had the Covid vaccine. They are afraid of both the vaccine and the virus.
@jackiez95103 жыл бұрын
@@Dr.Pepper001 no it’s cause they actually have a brain and wear their god damn mask and maintain social distancing even if it’s not required. Their customs and culture also decreases the infection rate.
@kittyt54523 жыл бұрын
If IOC can't figure this out by the LA games, the Olympic games might come to an end. It's not like this is essential. There are world championships all the time.
@wtfa2910 Жыл бұрын
I think that the Olympic Games should be rotated between three cities Los Angeles, Paris & Brisbane