These are not profit making events to host, or at least they ought not to be. The benefits are varied and certainly not trivially reducible to profit/loss on the event itself.
http://www.reuters.com/news/picture/ghosts-of-olympics-past?...
http://www.businessinsider.com/sochi-olympics-ghost-city-201...
http://distractify.com/culture/sports/haunting-images-of-aba...
In fact, the 'legacy' of the Games was one of its main themes[1]. A ton of money was spent redeveloping Stratford, the area surrounding the Olympic Park, and the site itself has been converted into a park. Lots of the venues were temporary, and the major ones - e.g. aquatics, velodrome - are still being used. Many of the venues were also designed with conversion in mind - the aquatics centre was downsized, the stadium is being taken over by a football club. I think a lot of past problems stem from massively oversized venues that nobody can use afterwards, so hopefully that will be avoided.
[1] http://en.wikipedia.org/wiki/Legacy_of_the_2012_Summer_Olymp...
Not really. While there might be some cases where some of the infrastructure is something where the operating/maintenance costs would be justified but which didn't get built because of the up-front capital costs, and where hosting a special event which happened to need the same infrastructure might provide an excuse (or an otherwise-unavailable source of funding) for the capital costs, that's rather exceptional. Normally, the most of the infrastructure needed for the event consists of things for which the operations/maintenance costs would not be justified once the event is over.
- Sea to Sky Highway went from being a ridiculously dangerous road between Vancouver and Whistler to being a pretty good road (still twisty, but there's only so much that can be done about that), and sorely needed these improvements for many, many years without budget for it.
- Canada Line also received a whole bunch of federal money to get built, probably bringing it ahead of schedule by many years. An airport transit line was badly needed in Vancouver, especially with $40 cab rides to downtown.
- BC Place's renovations got a major budget boost from the Olympics, allowing it to be turned into a great venue. The pressurized roof was a huge annoyance (air locks, yay! /s) and collapsed on several occasions, so the new retractable roof probably wouldn't have happened without the Olympic money.
- Cypress Mountain finally got off their ass and built a proper lodge with proper facilities to support the Olympics.
Vancouver also reused a lot of existing stadiums and infrastructure, opting to upgrade rather than build from scratch. It was honestly an example of a really, really well executed Olympics with a lasting legacy. There have been complainers the entire time, but honestly, it made Vancouver a better city. Closing of Granville for theentirety of the games also allowed the city to experiment with closing off city blocks for events, and that now has become a yearly tradition (along with Robson St). On a more sentimental note, it brought the country together in a unified passion which I had not seen before and have not seen since. It was truly a spectacular experience. I like rewatching the closing comments on CTV (https://www.youtube.com/watch?v=vX_dndXEGHI) as well as Stephen Brunt's video essay (https://www.youtube.com/watch?v=kz8tzP3oeDg) every so often to remember that.
Even London 2012 was a great example – reusing infrastructure, upgrading it, etc is a good way to do it.
Another good idea: One of the recent UEFA cups was hosted by two countries together (actually, several of them were). Which is another good idea, several less developed countries working together to still get the profit off of the games, but sharing the costs.
Now let's talk about the "DEVELOPING COUNTRIES"... what good examples do you have?
And yet FIFA insists on a bunch of expensive stadiums each time.
Probably easier to build new ones than adapt old (cf the demolition and reconstruction of Wembley to fix these and other issues.)
Of course, they can easily demand mad money for entry tickets this way.
3 of the 10 stadiums built in Portugal for the Euro 2004 have been considered for demolition because they have been largely unused since the tournament and the municipalities have no way to fund their basic maintenance.
In many ways, the World Cup was a tragic waste of resources for South Africa, and even though it showcased the country (for that one month the South African government showed it could rise above mediocrity), the opportunity was soon squandered.
Most of the alleged spin-off infrastructure (Gautrain, new Durban Airport and Gauteng highways), would have happened regardless, and probably at much lower cost, because of price fixing and the general supply-and-demand situation in the construction industry as a result of the World Cup.
Not "some of those built in Portugal in 2004" but actually most of them are currently being used way below capacity. And some of them are actually causing financial problems for the local governments, as the stadiums generate little to no revenue and the maintenance costs are huge.
But everyone involved in getting them built, apart from the guys laying down the bricks, profited hugely from this absurd and pharaonic decision, and the taxpayers didn't really complain properly (and still don't).
Take for example the proposed Olympic Games 2024 Hamburg and Kiel:
Kiel hosts the largests sailing event worldwide every year, and hosted the Handball world cup before – and, due to having the best european team in Handball, we also have often large matches.
Hamburg has also lots of other sports which are done on worldcup level. Combined, we have the infrastructure done to host more than half of the Olympics RIGHT NOW. You could host more than half of the Olympics right tomorrow, without any additional constructions.
And Kiel has also been co-host of the Olympics two previous times, each of them producing a net-profit and developing a complete new district out of the investments – the facilities built for Olympia 1972 are still in use today.
What are we going to build for Olympia 2024? Nothing new – we’ll update existing infrastructure and stadiums, improve public transport (which would have been done anyway, and is already being built today), and add some new living quarters for the contestants – which could be used as cheap student housing afterwards, as both Hamburg and Kiel are facing a crisis where not enough affordable apartments for students exist.
Reusability quota: 100%. We’d have no losses, only profits, and it’d be cheap, too.
Only two new permanent facilities were built for the games: Olympic Velodrome at California State University, Dominguez Hills and the Olympic Swim Stadium at the University of Southern California. Both of those received heavy corporate sponsorship which covered most of the costs.
Overall, the Los Angeles Olympics made a profit of around $200 million.
I lived in the area at the time (Pasadena, to be precise), and the Olympics were remarkable unobtrusive. Mot people expected traffic to be really terrible during the Games, but enough people apparently took vacations or arranged to work at home or shifted their schedules that my daily freeway commute during the games was actually much faster than it had been before.
Best 8000$ party I ever threw.
So yes, while the actual events were hard to get to, there was more than enough for everyone to do, and it was, as OP put it, a massive party. I'd easily do it again for $8000.
[1] http://www.startribune.com/hartman-2016-ryder-cup-chairman-s...
Who knows though.
As to who reaps the profits, I wouldn't neglect decision makers within governments, as usually the companies that are involved in building and promoting the whole thing have to be "friendly" to get the contract...
The entire region is crazy about football. 5 of the 20 richest clubs in Europe are sponsored by a Gulf company.
http://gulfnews.com/sport/football/more-football/uae-tops-eu...
Xavi, 35, would also work with Qatar’s Aspire Academy, become an ambassador for the 2022 World Cup to be held in the Gulf state, which is one of Barcelona’s main sponsors, and aim to start his coaching qualifications, his agent, Ivan Corretja, told Reuters.
Corretja declined to comment on reports that Xavi will earn €10m (£7.2m) a season."
http://www.theguardian.com/football/2015/may/20/xavi-hernand...
It's within 200 now, though the many follow-up stories have diffused the voting somewhat.
I hope they get them all. I don't care about the reason behind it... FIFA/Soccer Federations are just to messed up to stay like this unpunished.
GO USA!
Clinton Foundation Donors Got Weapons Deals From Hillary Clinton's State Department (26 May 2015)
Under Clinton's leadership, the State Department approved $165 billion worth of commercial arms sales to 20 nations whose governments have given money to the Clinton Foundation... nearly double the value of American arms sales made to the those countries and approved by the State Department during the same period of President George W. Bush’s second term.
Algeria, Saudi Arabia, Kuwait, the United Arab Emirates, Oman and Qatar all donated to the Clinton Foundation and also gained State Department clearance to buy caches of American-made weapons even as the department singled them out for a range of alleged ills, from corruption to restrictions on civil liberties to violent crackdowns against political opponents.
...the Algerian government donated $500,000 to the Clinton Foundation and its lobbyists met with the State Department officials who oversee enforcement of human rights policies. Clinton’s State Department the next year approved a one-year 70 percent increase in military export authorizations to the country. The increase included authorizations of almost 50,000 items classified as “toxicological agents, including chemical agents, biological agents and associated equipment” after the State Department did not authorize the export of any of such items to Algeria in the prior year.
...Goldman Sachs paid Bill Clinton $200,000 to speak to “approximately 250 high level clients and investors” in New York, according to State Department records obtained by Judicial Watch. Two months later, the State Department approved a $675 million foreign military sale involving Hawker Beechcraft -- a company that was then part-owned by Goldman Sachs. As part of the deal, Hawker Beechcraft would provide support to the government of Iraq to maintain a fleet of aircraft used for intelligence, surveillance and reconnaissance missions. Goldman Sachs has also contributed at least $250,000 to the Clinton Foundation, according to donation records.
Stephen Walt, a Harvard University professor of international affairs, told IBTimes that the intertwining financial relationships between the Clintons, defense contractors and foreign governments seeking weapons approvals is “a vivid example of a very big problem -- the degree to which conflicts of interest have become endemic.”
http://www.ibtimes.com/clinton-foundation-donors-got-weapons...
Your second point about "false flag" makes no sense whatsoever.
EDIT: This is why HackerNews is going to the dogs. This perfectly reasonable comment has been downvoted numerous times.
"Clinton Foundation took at least $1,250,000 from Qatar and its World Cup committee implicated in FIFA bribery scandal"
http://www.dailymail.co.uk/news/article-3099839/Clinton-Foun...
To the extent that the FIFA discussion is inappropriate for HN, the correct response is to flag the article, not post things off-topic to the article in the thread.
Whether the FIFA-related article is appropriate to HN is completely irrelevant, in any case, to discussion of whether the attack on Clinton is itself on-topic to the thread discussing the FIFA article.
"Clinton Foundation took at least $1,250,000 from Qatar and its World Cup committee implicated in FIFA bribery scandal
Read more: http://www.dailymail.co.uk/news/article-3099839/Clinton-Foun... Follow us: @MailOnline on Twitter | DailyMail on Facebook"
http://www.dailymail.co.uk/news/article-3099839/Clinton-Foun...
http://www.dailymail.co.uk/news/article-3099839/Clinton-Foun...
I truly hope that Blatter is ousted, the Qatar decision is reversed and given to a nation that with a less-appalling human rights record and some actual interest in football. I can't name a single Qatari club or player and know nothing of their league (other than Gabriel Batistuta played there for a year at the end of his career), and I'd consider myself to be someone who knowns a fair bit about football.