Sport
How much does it cost to host an Olympic Games? – Sydney Morning Herald
More than 11 years out, it’s hard to imagine what mark a possible Brisbane Olympics will leave on the country’s landscape and psyche.
In the west, too, the cost of the Olympics far outstripped revenue. Montreal 1976 infamously took 30 years to pay off its Games. Even Vancouvers modest 2010 Winter Games cost five times as much as the revenue they generated. There were other benefits for host cities, yes, but they were not easy to quantify. Sporting success begins to fade immediately after the Games; Australia can attest to that.
The Olympic Charter was amended in 2003 to make delivering a positive legacy for the host city and country…
-
Noosa News19 hours agoMother and child found dead at Kenmore Hills home
-
Noosa News22 hours agoMan tried to rape woman an hour after murder in Manly West, police allege
-
Noosa News24 hours agoPolitical wannabe Tylere Baker-Pearce hit with second charge for Nazi act at Gabba before Brisbane Lions AFL match
-
Business19 hours agoInvest $10k in these ASX dividend shares for passive income of $600 and $1,000