Thursday, June 17, 2021

Why are Olympics going on despite public opposition, medical warnings?

 I'm certain that the above headline is rhetorical, as there is but one reason and one reason only why the IOC doesn't care about public or medical opposition to the Olympics. Money.  Let's face it the IOC is dictatorship just not one that governs a country or region. Because they control every aspect of the games there are virtually no means for city or a country to cancel an Olympic games.  


Still, they are going ahead. How have the International Olympic Committee and the Japanese government of Prime Minister Yoshihide Suga been able to bypass strong opposition?

At the core is the Host City Contract that gives the IOC the sole authority to cancel. If Japan cancels, it would have to compensate the IOC. Of course, the IOC is unlikely to sue a host city. So any deal would be worked out behind the scenes.

And there are billions at stake. Japan has officially spent $15.4 billion but government audits suggest it’s twice that much. Japanese advertising giant Dentsu Inc., a key player in landing the corruption-tainted bid in 2013, has raised more than $3 billion from local sponsors.

No comments:

Translate