Mmastodon SportOlympics first seen 1 d ago, last 1 d ago, peak #4
LA28 Olympics organisers signal costs may exceed expectations
Original: # Olympics # LosAngeles “It has been assumed that LA28 would be able to cover its own costs. However, the LA28 Chief of
Organisers of the 2028 Los Angeles Olympics have indicated that the Games may not cover their own costs, contrary to long-standing assumptions. The LA28 Chief of Sport & Games Delivery told a meeting of sports federation executives that the cost of running the Games in Southern California, Oklahoma City and other venues has grown. The comments raise questions over the budget and funding model for LA28.
Why now: Remarks from a senior LA28 official about rising costs challenge the assumption the Games would be self-financing.
LA28Los Angeles2028 OlympicsOklahoma City
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