IOC; IOC Executive Board Meeting July 2017: Updates and decisions

Updates and decisions by the IOC Executive Board:

 

Rio 2016

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.

 

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2024 Bid; IOC Evaluation Commission Report: OCOG Budget and Venue Funding compared

OCOG Budgets compared

RevenueLA 2024Paris 2024ExpenditureLA 2024Paris 2024
USD Million%USD Million%USD Million%USD Million%
IOC Contribution73513.877520Venue Infrastructure119122.472218
TOP Programme (gross)3907.341510Sport, Games Services & Ops99518.791523
Domestic Sponsorship (gross)193136.3112528Technology5279.947612
Ticket Sales153728.9119530People Management68812.959815
Licensing & Merchandising2254.21303Ceremonies & Culture1953.61905
Government Contribution100.21143Comms, Marketing & Look1953.62356
Lotteries70.1501Corprate Admin. & Legacy2865.42316
Other Revenues4909.21604Other Expenses76014.32506
Contingency4889.23479
Total Revenues53251003964100Total Expenditures53251003964100

 

Venue Funding Los Angeles

VenueUSD MillionFunding
Competition Venues
Velodrome (track cycling)66OCOG Budget
Lake Perris (rowing/ canoe sprint)6OCOG Budget
LA Stadium at Hollywood Park (archery, ceremonies)2600Private Funding
LA FC Stadium (football preliminaries)350Private Funding
LA Memorial Coliseum (athletics, ceremonies)270Private Funding
Non-Competition Venues
International Broadcasting Centre (IBC)TBCPrivate Funding
Total3292

 

Venue Funding Paris

VenueUSD MillionFunding
Competition Venues
Paris Arena II (basketball, wrestling)103Private-public partnership
Aquatics Centre (swimming, diving, synchronised swimming)123Public Funding
Roland-Garros (tennis, boxing)399Private Funding
Other competition venues (upgrade works)267Public Funding
Non-Competition Venues
Olympic and Paralympic Village1448Private-public partnership
Media Village373Private-public partnership
IBC/MPC57Private-public partnership
Training Venues114Private-public partnership
Other non-competition venues302Private-public partnership
Total3186

 

Source

Report of the IOC 2024 Evaluation Commission. (link)

IOC; Programme of the IOC Executive Board Meeting, 2024 Candidate City Briefing for IOC Members and IOC Extraordinary Session

The Lausanne Palace Hotel. Photo: Martijn Giebels / Architecture of the Games

IOC Executive Board Meeting

Lausanne, 9 – 10 July 2017
The Lausanne Palace Hotel

Sunday 9 July 2017
9 a.m. – 1 p.m. IOC Executive Board meeting
2.30 – 6 p.m. IOC Executive Board meeting
6.30 p.m. Press briefing with the IOC Spokesperson, Mark Adams

Monday 10 July 2017
9 a.m. – 1 p.m. IOC Executive Board meeting
1.30 p.m. IOC President’s press conference

 

SwissTech Convention Center. Photo: Martijn Giebels / Architecture of the Games

2024 Candidate City Briefing for IOC Members & IOC Extraordinary Session

Lausanne, 11 – 12 July 2017
The SwissTech

Tuesday 11 July 2017
9 – 10.15 a.m. Los Angeles 2024 Presentation and Q&A
10.45 a.m. Los Angeles 2024 Press Conference
10.30 – 11.45 a.m. Paris 2024 Presentation and Q&A
12 p.m. Paris 2024 Press Conference
1.30 – 6 p.m. IOC Extraordinary Session
6.30 p.m. TBC IOC President’s press conference

Wednesday 12 July 2017
11.30 a.m. 2024 Candidate City Briefing for IOC Members

 

All times are subject to change.

2024 Bid; IOC Evaluation Commission Report: Public Opinion

Los Angeles

 

Paris

 

Source

Report of the IOC 2024 Evaluation Commission. (link)
The IOC Opinion Poll was run by Sports Marketing Surveys Inc.

Read more about the poll methodology on page 177 of the report.

2024 Bid; IOC Evaluation Commission Report: Reactions

Patrick Baumann (Chair of the 2024 Evaluation Commission and IOC Member) said:

“Members of the Evaluation Commission have used the terms ‘forward-looking’, ‘innovative’, ‘vibrant’, and ‘cool’ to describe the Los Angeles candidature, and ‘historical’, ‘cultural’, ‘iconic’ and ‘amazing backdrops’ for that of Paris.”

“However, whatever the description, it truly is a tale of two great Olympic cities. The two projects are different in nature, but each city presents a proposal which is genuinely authentic and reflects the best of what each has to offer.”

 

Casey Wasserman (LA 2024 Chairman) said:

“LA 2024 set out to redefine Olympic sustainability, guided by the IOC’s Olympic Agenda 2020 reforms, and we are delighted that our efforts have resonated so clearly with the IOC Evaluation Commission. We are grateful to Evaluation Commission Chairman Patrick Baumann and his colleagues for their comprehensive, insightful appraisal of our bid.”

“With no permanent venues to build and overwhelming public support, LA 2024 can concentrate on putting the best assets of the top global sports and entertainment market to work for the Olympic and Paralympic Movements. We think that makes Los Angeles an ideal Olympic city and an ideal partner for the IOC right now.”

 

Gene Sykes (LA 2024 CEO) said:

“All of us at LA 2024 will go into the Candidate City Briefing in Lausanne full of confidence after the Evaluation Commission’s endorsement of our Games Plan. Under Olympic Agenda 2020, the Candidature Process has become a collaborative dialogue, including an open and productive discussion during the Evaluation Commission’s visit, which has helped us plan Games that are right for our city and the IOC.”

“Now we look forward to sharing with the full IOC Membership our truly sustainable solution that encourages future cities to bid for the Games, engages the world’s youth and secures the long-term financial stability of the Olympic and Paralympic Movements.”

 

Tony Estanguet (Co-Chair of Paris 2024) said:

“We are absolutely delighted that the IOC’s report highlights that Paris would be an excellent host of the 2024 Games and is ready to deliver a wonderful celebration of Olympic sport with real and meaningful legacy.”

“We are honoured that Paris’ compact, city-centre Games Plan received extensive praise and that recognition was given to our public engagement programmes and plans to promote the values and the spirit of the Olympic Movement, particularly among young people.”

“We are particularly pleased that the IOC recognized that this is an athlete-focused plan and that all athletes, media, and spectators will have a great Games experience in Paris 2024.”

“We know that we have the right plan to move forward and we thank Patrick Baumann and the Commission for their excellent work.”

“We will use all of the points made in the report to continue to improve our work and we are very much looking forward to presenting our bid to the IOC Members in Lausanne next week.”

 

Bernard Lapasset (Co-Chair of Paris 2024) said:

“This report confirms that our Games plans are on track and in line with Agenda 2020 and what is needed for great Games in 2024.”

“Paris 2024 represents a unified vision of the sports movement, the political stakeholders and the citizens of Paris and France. There is a momentum behind our bid which this report recognises and understands.”

“This report is a real boost to our work and we are grateful to the Evaluation Commission for their praise and for their advice.”

2026 Bid; Candidature process and potential bids (June 2017)

On 9 June 2017, the IOC Executive Board discussed the 2026 candidature process;

The Executive Board also agreed on the principles that should guide the further evolution of the candidature process. Speaking at a press conference, IOC President Thomas Bach emphasised that, whereas the decision about awarding the Olympic Games 2024 is about a seizing a unique opportunity, the evolution of the candidature process for the Olympic Games 2026 is about addressing the specific challenge that the candidature process has become too expensive and too onerous, and produces too many losers. For the 2026 candidature process, the IOC will take a more proactive role in assisting and supporting cities considering a candidature. The IOC will customize its approach to the needs of the cities in order for them to develop the best value proposition. These measures will lead to a simplified process for the cities, with reduced costs. The new approach will be discussed at the IOC Session in July.

Source

 

The following cities are considering to submit a bid for the 2026 Winter Olympic Games;

Innsbruck (Austria)  
Source: Proposed Innsbruck 2026 Olympic Winter Games Bid Wins National Support [GamesBids]

Calgary (Canada)
Official website

Sapporo (Japan)
Source: Sapporo mayor interested in hosting 2026 Winter Olympics [The Japan Times]

Sion (Switzerland)
Official website

Erzurum (Turkey)
Source: Erzurum emerges as contender for 2026 Winter Olympics [Inside The Games]

The candidature process is expected to start later this year. The host city will be selected in 2019.

 

Previous host countries Winter Olympic Games

IOC; IOC EB Approved recommendation to award 2024 & 2028 Olympics at same time

 

Update on the 2024 candidature process by the International Olympic Committee (IOC):

The Executive Board also decided to put forward a proposal to the IOC Session to award the Olympic Games 2024 and 2028 at the same time. For this purpose the Executive Board called for an Extraordinary Session to take place on 11 and 12 in Lausanne. In its decision, the Executive Board highlighted that having two great candidatures from the Candidate Cities of Los Angeles and Paris is a unique opportunity.

Source

IOC; Information about tomorrow’s Executive Board meeting

IOC Headquarters in Lausanne. Photo: Martijn Giebels / Architecture of the Games

The IOC Executive Board will meet tomorrow in Lausanne to discuss reports on the 2024/2028 Olympic Games and the 2026 Winter Olympics Candidature Procedure.

From The International Olympic Committee:

Meeting of the IOC Executive Board in Lausanne – Update

The Executive Board (EB) of the International Olympic Committee (IOC) will meet on 9 June in Lausanne.

The EB will receive and discuss two reports from the Working Group currently looking into the candidature procedure. The working group consists of the four IOC Vice-Presidents and has been tasked with exploring how to make the candidature procedure more proactive, more collaborative and less expensive in the future.

There will be two reports:
– A report on the Olympic Games 2024 and 2028.
– A second report on the reform of the candidature procedure that will be applicable to the Olympic Winter Games 2026.

The EB will also discuss and finalize the Tokyo 2020 event programme.

 

Programme IOC EB Meeting Friday 9 June 2017

08:50 Photo opportunity (IOC HQ Pully)
09:00 – 18:00 IOC Executive Board meeting (IOC HQ Pully)
16:30 Press briefing on Tokyo 2020 event programme with IOC Sports Director, Kit McConnell (Olympic Museum)
18:00 IOC President’s press conference, available via teleconference, Periscope and YouTube (Olympic Museum)

Local times, please note that times are subject to change.

 

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