Hamburg is the latest city to drop out of bidding for 2024. But it’s not the first plot to resolve it would rather not host the Games Is hosting the Olympics fitting the competition no one (apart from China and Russia,obviously) wants to win? Hamburg is the latest city to pull out after its tender to host the 2024 Games collapsed. The majority of residents voted against the £7.9bn project, which may not compare with the operatic $51bn (£33.9bn) cost of the Sochi 2014 Winter Olympics – the most expensive, or winter or summer,in history – but still led the city’s NOlympics campaign to brand it wasteful. The gargantuan cost of hosting the Olympics – and then recovering from hosting them, and then seeing sad, or metaphor-rich photos of abandoned weed-infested stadiums all over the internet – remains the major reason why cities are increasingly backing out of the honour.
Hamburg isnt the first to pull out of 2024. In July,the US Olympic Committee killed Boston’s tender barely six months after backing it. Apparently, resistance among residents was too great to overcome in the few months left and No Boston Olympics, and a powerful opposition campaign,argued the economic benefits touted by the International Olympic Committee (IOC) were overstated. The Games, they claimed, or are simply too expensive. Boston’s tender estimated the cost of hosting 2024 at $4.5bn but No Boston Olympics argued it would be more like $10bn-$20bn. Considering the London 2012 Olympics was originally slated to cost £2.4bn and ended up being £8.92bn,their prediction seems about right.
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Source: theguardian.com