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Stadiums must be built, along with residential and boarding facilities for the competitors and their entourage of trainers, coaches, and hangers-on. The 2020 Tokyo Olympics carried a price tag of $13 billion, twice the amount anticipated in 2013 when the city was awarded the Games. In the history of the modern Olympics, it is only the Los Angeles Games of 1984 that made a small profit of $215 million on an investment of several billions. ....
Express View: India can't depend on just a handful of disciplines to get medals, there is a need to start investing in heavy-medal sports like swimming, gymnastics and athletics. Making its presence felt at the grandest sporting show on earth won't be easy. ....
India is interested in hosting the Olympics in 2036, Prime Minister Narendra Modi says at the opening ceremony of the 141st International Olympic Committee session in Mumbai. ....