Text 12525, 45 rader
Skriven 2014-02-25 18:01:33 av Ward Dossche (2:292/854)
  Kommentar till text 12524 av Joe Delahaye (39123.fidonews)
Ärende: Re: Olympics
====================
Joe,
 
JD>WD> Your national Canadian Olympic Committee is also subsidized, and
JD>WD> subsidies are helping with paying-off the debts the city of Montreal
JD>WD> still has from the 1976 games.
 
JD> Perhaps.  There were no subsidies, but rather a grant (Yeah I know it is
JD> still public money), to help pay off those games.
 
As I can retrace the debt would run until 30 years after the games, i.e. 2006.
Whether or not that meant the debt was paid or the remainder waived, is not
clear to me.
 
What is clear however, is that it was indeed public money and that by 1975 the
Provincial Government of Québec had already taken over the construction from
the initial group that was to organize the games or there wouldnt have been
any.
 
So there was a grant, Québec started paying already in 1975 and paid through
2006 at least.
 
My definition is "heavily subsidized".
 
My analyses of what went wrong is that when after being awarded the games in
1970, the Munich-massacre of 1972 called for a complete new rule book with
different security, different construction of the athletes' village plus other
things... and they had less than 4 years to do it.
 
And don't worry, Los Angeles and Atlanta also received substantial amounts and
waivers of whatever from authorities.
 
The only Olympic games ever which received no subsidy from the national
government, at whatever level of that government, happened in 1920 <ahem>.
 
JD> Also remember, that it is supposedly an honour to host the olympics, and
JD> for that honour, Federal, Provincial, and Municipal govts pay.
 
Actually, it should be good for business and tourism. I was on the fringe
involved with some companies in the preparation leading up to the 2012 London
Olympics and everybody was rubbing elbows with everybody.
 
 \%/@rd

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