TL;DW : because it ends up being more expensive than the revenue it brings in. Has done for the past few. It’s no longer a good investment.
Why no one wants to host the Olympics
Submitted 3 months ago by x0x7@lemmy.world to videos@lemmy.world
https://www.youtube.com/watch?v=VpMgn0S3QOE
Comments
sxan@midwest.social 3 months ago
qaz@lemmy.world 3 months ago
This is a duplicate of a post that was shared a day before OP’s. Please check next time.
Skyrmir@lemmy.world 3 months ago
Stop hosting them and set up a permanent Olympic village in Greece with international funding. Standardized facilities and courses.
bionicjoey@lemmy.ca 3 months ago
Or just have it rotate between all the countries that already have appropriate facilities because they’ve hosted in the past. Just change the rule so you aren’t even considered if you don’t have facilities at the time of applying.
x0x7@lemmy.world 3 months ago
The problem is even the ones that have those facilities aren’t applying. They feel completely burned on the whole thing.
x0x7@lemmy.world 3 months ago
It might not even need international funding through governments. With a permanently reoccurring event actual investment will come in.