458230_ORIG

London Games come in $603 million under budget

Leave a comment

Beijing organizers essentially shouted Chinese culture at their worldwide audience in 2008, spending $67 billion on the Olympics while presumably using “we’re gonna need a bigger boat” as the punch line of every meeting they held leading up to the Games.

On the other hand, London, seemingly content not competing against Beijing’s incredible spectacle, aimed to only spend about $15 billion – or less than a quarter of what the previous Olympics cost.

Somehow they still came in under budget.

“The work of the construction and delivery teams, from the ODA and LOCOG, has set a very high standard,” said sports minister Hugh Robertson of the somewhat abnormal surplus. “I have no doubt that London 2012 has set a new benchmark for the management of Olympic and Paralympic Games in future.”

LOCOG ended up with about $603 million left over when all was said and done, which is great news for the London Legacy Development Corporation since it plans to spend $467 million of that on redeveloping the now four month old Queen Elizabeth Olympic Park in east London.

The update to what will essentially be a U.K. sports version of Disneyland will keep the aquatics, cycling, basketball, and handball venues intact, and will also include 2,818 new houses and apartments in five neighborhoods, as well as three schools, three health centers, nine nurseries, and a library.

IOC president wants life bans for Russian cheats

DOHA, QATAR - NOVEMBER 16: IOC President Thomas Bach closing remarks during the fourth day of the 21st ANOC General Assembly at the Sheraton Grand Hotel on November 16, 2016 in Doha, Qatar. (Photo by Mark Runnacles/Getty Images for ANOC)
Getty Images
Leave a comment

LAUSANNE, Switzerland (AP) — Russian athletes and officials who are proven to have been part of a doping “manipulation system” should be banned for life from the Olympics, IOC President Thomas Bach said Thursday.

Bach gave his personal view one day before Canadian investigator Richard McLaren publishes a final report into alleged state-backed cheating at the 2014 Sochi Winter Olympics.

Proof of systematic doping would be “aggravated circumstances” to justify life bans, the IOC leader said at a news conference after a three-day executive board meeting.

“I would not like to see this person again at any Olympic Games in any function,” Bach said, noting that as an IOC disciplinary commission chairman he approved life bans for Austrian team members implicated in doping at the 2006 Turin Winter Games.

However, proving that individual athletes knew of systematic doping involving state agencies could be difficult.

McLaren, who was appointed by the World Anti-Doping Agency in May, is expected to give more detail about cheating operations at the Sochi laboratory.

In his interim report in July, McLaren confirmed claims by former lab director Grigory Rodchenkov of a hole-in-the-wall swapping system aided by the FSB security agency to exchange athletes’ dirty urine samples for clean ones.

Earlier Thursday, the IOC member appointed to oversee disciplinary cases that arise from McLaren’s evidence acknowledged they could be tough to prove.

“Can you prove (athletes) were aware?” Denis Oswald, a Swiss lawyer, said on the sidelines of a sports law conference in Geneva.

“It is not that we would be scared to attack high level people in the Russian regime,” the Swiss lawyer said. “The question is more on the legal point of view. Can you punish athletes if they have done nothing and whether they were not aware of what was happening?”

Bach has also appointed a second IOC commission, headed by former Switzerland president Samuel Schmid, to evaluate if McLaren’s report and evidence proves a state-run doping system.

“And then based on that we will see if we can start cases against athletes,” Oswald said.

Meanwhile, United States lawmakers want Bach to attend a congressional committee hearing next Thursday to provide an update on sports’ fight against doping.

“Unfortunately I cannot attend there,” said Bach, adding that the IOC will “provide by other means all the information they may need.”

MORE: Russia sets 2018 Olympics medal target

IOC president doesn’t rule out awarding 2028 Olympic host in 2017

SOCHI, RUSSIA - FEBRUARY 23: The Olympic Flag waves as part of the 2014 Sochi Winter Olympics Closing Ceremony at Fisht Olympic Stadium on February 23, 2014 in Sochi, Russia.  (Photo by Joe Scarnici/Getty Images)
AP
Leave a comment

LAUSANNE, Switzerland (AP) — IOC President Thomas Bach says he wants to change the Olympic host city bidding procedure because it “produces too many losers.”

Bach’s comments came on the same day the IOC executive board cleared all three candidate cities for the 2024 Olympics — Paris, Los Angeles and Budapest, Hungary — to advance to the next stage of the race.

Bach did not categorically rule out the possibility of awarding the hosting rights for two games at once — 2024 and 2028 — when the IOC votes next September in Lima, Peru.

Bach said at a news conference “it is not the purpose of an Olympic candidature procedure to produce losers.”

He said the goal is “to produce the best possible host for an Olympic Games.”

Asked about speculation the IOC could award the 2024 and 2028 Olympics at the same time, he said: “Let us study this question, which is not an easy one.”

VIDEO: LA 2024 Olympic bid venue plan