LA to host 2028 Olympics

Saturday, 02 Aug, 2017 0

Los Angeles has struck a deal with rival city Paris and International Olympic Committee to host the 2028 Olympic Games.

In a first of its kind agreement, LA gave up its battle for the 2024 Games allowing Paris a free run while LA will be awarded the 2028 games unopposed.

It still needs official approval from the IOC, which will vote on the agreement next month.

In exchange for holding off for four years, Olympic officials will advance funding to the city which LA officials say could eventually exceed $2 billion.

That is because there is such a long wait before the Olympic torch finally arrives.

The IOC agreed to give the city a $180-million advance to cover costs for the additional four years of planning time.

LA Mayor Eric Garcetti said: "This deal was too good to pass up."

President Trump issued a statement saying: "For the first time in a generation, the Olympics are coming back to the United States and I am proud to support LA 2028."

No everyone is pleased about the landmark three-way agreement.

NOlympics, a group opposing the Games, called it ‘a complete miscarriage of anything remotely resembling democracy’.



 

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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



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