On Sunday the IOC Executive Board met with de president of the Rio 2016 organizing committee and released the following statement concerning the status of the dissolution process of the organizing committee of Rio2016 (and outstanding payments):
Given that more detailed information is required before Rio2016 financial accounts can be closed, the Executive Board deferred any further consideration at this stage. The Executive Board state that the IOC has closed all of its obligations with the organizing committee in December 2016. As confirmed by the organizing committee. The IOC contributed a record amount to the succesful staging of the Olympic Games and Paralympic Games. According to audited accounts we contributed $1.53 billion to their success. This is in addition to an exceptional effort to significant cost savings and additional financial undertakings by all the Olympic stakeholders which amounted to hundreds of millions of dollars to make these historic Games possible.
About the $20 billion budget, Mark Adams (IOC President’s Spokesman) said:
“That is a ceiling, meaning that it’s not the figure. And it’s certainly not a figure that the IOC recognizes or sees were it really comes from. And we gave the very strong opinion advise that they can and will save more money, particularly on that 20 billion figure which seems to come, we know not were from really. It’s a ceiling and certainly not a figure that we recognize.”
“Impressive report from 2022. I Think the executive board were very impressed by the progress being made. The OCOG is taking shape, now got a 176 staff. 50 of whom were on the Rio observers programme.”
The IOC Executive Board announced that Los Angeles, Budapest and Paris will transition to the next stage of the candidature process:
February 3, 2017; Deadline for submission of Candidature File stage 3.
April/May 2017; IOC Evaluation Commission visits each city.
July 2017; Candidate City 2024 Briefing (for IOC members and Summer Olympic International Federations).
September 12-17, 2017; 130th IOC Session in Lima, Peru.
We are developing 123850 square metres, 31 buildings where 3800 athletes from 206 countries will be living from October 1st to 12th, 2018. Here’s a video of the process towards the #BuenosAires2018 Youth Olympic Village, a dream that will soon be coming true!