A French newspaper decided to see who really liked the LA Olympics on Facebook
The Olympic Movement has stalled. The National Hockey League has decided not to attend the 2018 South Korea Olympics. The 2016 Rio Games cost Brazil a fortune of money. The 2020 Tokyo Games is in financial straits. There is a doping problem that is not going away and then there are the lack of bidders for the Games. Los Angeles and Paris still want to host the event.
The likes problem has injected some levity into Olympic bidder but a question remains. Is the Olympic Movement in danger of collapsing now that Budapest has made it eight cities that have said no to the Olympics in the 2022 and 2024 selection process? The answer is probably no and if you go back 16 years you could find an answer as to why business and political leaders want the Games. The Olympics event has cost taxpayers billions and never lives up to exaggerated expectations. The International Olympic Committee has seen Boston, Budapest, Rome and Hamburg drop out of the bidding for the 2024 Summer Games. There were just two cities that wanted the 2022 Winter Olympics, Beijing, China got that. St. Moritz, Switzerland and Quebec City have dropped out of the running for the 2026 Winter Games. There has been no real financial reporting on the 2012 London Summer Olympics. There are suggestions that the 2014 Sochi Winter Olympics cost the Russian government $51 billion in US money. The IOC has two bidders for the 2024 Games, Paris and Los Angeles and there is a faction of the IOC that wants to award them the 2024 and 2028 Games now. Then there are slide shows available featuring utter Olympics failure with abandoned venues.
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