Oh dear, thanks to Putin’s extravagant $51 billion dollar effort, no country seems to want the 2022 Winter Olympics. After a mass exodus there are now only two cites vying, Beijing and Almaty in Kazakhstan.
The Loon proposal. For years I have becried the wicked waste of money countries spend hosting the Olympic Games (both Summer and Winter). I don’t understand why they don’t build a global stadium in Greece for the Summer Olympics . The 204 countries who participate should all initially fork out $5 million each (poorer countries pay a reduced fee) to help build the facility. That would give them around $51 billion. Every 4 years a country is chosen to host the games in that “global facility”. Then we would have the poorer countries having the opportunity to host. The same could go for the Winter Olympics.
If the Channel Ten Network in Australia alone could forked out $20 million to have the rights to screen the Winter Olympics then surely some of those fees should help cover the maintaining of the facilities.