It seems that, yet again, hosting the Olympic Games has turned into a financial nightmare after the event was over.
There were 27 world records set at the Rio Olympics last year – from swimming to weightlifting, archery to cycling. These were as thrilling as they were expected. “Citius, Altius, Fortius,” is the Olympic model after all – Latin for “Faster, Higher, Stronger.”
Now comes perhaps the most enduring world record of the Games: Just seven months after the torch was doused, the host country is already acknowledging the entire operation was a terrible, perhaps criminal idea. It has left them debt-ridden and without a clue what to do with already decaying facilities.
Never faster has been the condemnation for hosting. Never higher has been the local outrage. And, maybe, never stronger is the lesson for the rest of the world to avoid ever getting into business with the International Olympic Committee.
“There was no planning,” Leandro Mitidieri, a federal prosecutor in Brazil, said this week at a public hearing about the Olympic disaster, according to the Associated Press. “There was no planning when they put out the bid to host the Games. No planning.”
And what of the majority of the facilities the country built to appease the IOC, a major part of the $12 billion cost of hosting the Games?
“They are white elephants today,” Mitidieri said.
Seven months. That’s all it took and, actually, it didn’t even really take that long. Mitidieri began looking into corruption involving the host last year, before the Olympics even happened. That he found a dumpster fire is of little surprise to anyone who cared to pay attention or attend the Games.
There's more at the link.
Considering the history of most cities that have hosted the Olympic Games over the past few decades, one wonders why no-one in Brazil drew the obvious conclusions, and withdrew their bid before it was too late. Now they're stuck with the bills . . .