Why olympics are hosted by only 1 city instead of whole country ? Hosting it as a country might solve some issues like infrastructure and environment.

They used to utilize mostly existing facilities. Now they build dorms & venues. It's insanely wasteful.

To sum it up, the host cities take all the risk, the IOC takes all the rewards.

Isn't it time for the corrupt IOC to start paying cities to host game?

Imagine being in a country where everyone wanted the main city to spend $5 billion on better housing, but the city said no. Yet when the Olympics was said to be held in that country. The City agreed to spend $52.6 Billion on a stadium, high speed rail system, and 30 luxury hotels for the athletes. I'm not surprised people protest against these games. Infact, I'm surprised more people don't protest against these games.

They are a huge scam which leaves the host in debt for decades.

We keep avoiding the main problem. The main way cities lose money with the Games is because the IOC takes a lot of money and they spend zero! They should pay the cities to host, not charge them for the Games. In fact, the way the cities won the bids in the past was by bribing the IOC officials. When your process includes bribing something is not right.

There isn't a strong demand to host because while the IOC stands to make billions from broadcasting right and advertising, the cities that host them are usually left in debt.

As a Brazilian and resident of Rio , I can confirm that our Olympic legacy is bullshit. Even Maracanã stadium which was shown in this video with horrible pitch took a few years after the game to finally be stabilized. I went to the games and found it awesome but the lasting effects were and are complete crap

Love the explination that the host city is able to show itself off to the world. Yes, because nobody has ever heard of Paris France or Los Angeles California.

I live "in" LA. the 1984 olympics were so sucessful that they made a fund for under privileged kids to give them really cheap tennis lessons. I used to teach those. The charge was 10 dollars for 4 1-hour lessons for 6 weeks, so 24 total lessons, group style. Now-a-days group lessons are 30 a piece or more and more than 100 an hour for a private lessons so you can understand how cheap 10 dollars is for 24 lessons. The LA 84 olympics' fund paid for the rest. This fund STILL EXISTS in 2024 and kids still get to benefit from it across LA, meaning hundreds of lessons each week.

In Brazil it was a disasters. Thousands were forced out of their homes in the poor areas so it could get torn down to build Olympic Venues. Now the venues sit empty. It’s extremely expensive, wasteful, and it hurts the locals! I agree with having multiple nearby countries hosting the event to be able to use exiting Venues, or just have a permanent location in Greece. Times have changed, we can all travel now.

Hosting the Olympics is kind of like having a wedding. Statistically, the cheap ones are the most fun/memorable & the flashy/expensive ones often end in divorce...

My econ professor told our class how he was hired by the city of boston to consult them about the potential pros and cons of an olympic bid they were considering. He didnt give a recommendation of either going forward with the bid or not, but he said that within 48 hours they had withdrawn their bid for the olympics. That was all I needed to know lol.

LA is unique in that it already has almost every venue needed for the summer games. The only expensive things they are building are long overdue improvements to public transportation.

The IOC should just buy an island in Greece and host the event in the same place, every Olympics

Slight correction on London. They originally said there wouldn't be a football team in the stadium and would be used for athletics only. They soon realised though that it wouldn't be financially viable and practically handed the stadium to a football team just so they didn't have huge costs each year.

At this point, why would any country want to host the Olympics? There’s little, if any, economic benefit to the host country. The costs are outrageous to prepare, it inconveniences the locals, and the IOC is basically a criminal racket at this point. 🤷‍♂️

Almost 50 years later, Montreal is still paying for the Olympic stadium 😵‍💫

I researched LA84 extensively for a project in my CA Culture class in college. It was a wild success thanks to everyone from top to bottom, especially Peter Ueberroth. There was also a MASSIVE volunteer force that helped run the games. Los Angeles refused to take a single tax dollar and funded the whole games through corporate sponsorship. The only real money spent came out of the initial fund started by Ueberroth. LA only had to build two new venues and modify a few existing ones. At the end of the games they netted over $200M in profit, and that led to the creation of the LA84 Foundation, which went on to create a ton of youth sports programs in Sourhern CA. That’s what you call a legacy👏👏👏👏