Thursday, July 29, 2010

Dear Game: How much does the Olympics

However, all this will cost you badly …

Thursday, March 4, 2010, 3:23
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For ordinary viewers Olympic Games -this entertaining and exciting festival of sport, but for the organizers of the Olympics, especially, is a financial-economic activity of the national scale.

In addition, it is a great opportunity to show their country to tourists and potential investors with the best hand, raising its image and prestige on the world stage, so that the owners usually do not stint on the Games. Enjoy it must be said deytvitelno not cheap.

would have stayed in their

latest example - the Olympics in Turin in 2006. Games has been very successful in economic terms. Organizers have spent 707 million euros and 974.4 million earned This success has surprised many experts, and Canadians seem to be difficult to achieve something similar.

In 2006, Canadian Prime Minister Gordon Campbell stated that the global sporting event will cost his country $ 600 million turned out that this figure is far from reality.

official budget Olympics 2010 in Vancouver, according to recent estimates, is $ 1.76 billion (in the previous version of this amount was for 127 million less). Vancouver Olympic Committee (VANOK) also estimated that this amount be offset by direct income from the Games, that is, sponsorship deals, the sale of broadcasting rights, tickets, various goods and so on. Thus, the costs and revenues from the Olympics counterbalance each other.

Contingencies

However, this conclusion is only based on official data VANOK, but in reality the Olympics will cost Canadians much more expensive. This does not tire of reminding opponents of the Games, which in Canada found a lot. They argue that in times of economic crisis of such huge sums could be spent on more useful things than the organization of sports competitions and a desire to impress the scale to other countries.

According to their calculations, the real cost of the Games approaching $ 6 billion, as many infrastructural facilities, which are not included in the budget, in fact, constructed or reconstructed it for the Olympics, but the means they come from the pockets of taxpayers.

These objects include highway Sea to Sky, construction of which cost nearly a billion dollars, a huge shopping and business center (Vancouver Convention Exhibition centre), the modernization of the railway Canada Line, high-speed trains that will serve the Olympic Village, and so on.

not included in the estimates and means that have to spend on something to take many world politicians, which also will fly a lot of money. Organizers have not considered and the construction of pavilions on the previous Olympics in Turin and Beijing Games and the secretariat building, which is still about $ 70 million

addition, even the budgeted expenditure is also threatening to go beyond. Thus VANOK acknowledged that security during the Games-2010 will cost about $ 900 million (compared to an estimated 200 million). Because of the global financial crisis is not so easy to attract sponsors and additional funding, so in the new budget committee for $ 27 million increased the count Contingencies.

Sochi will be more expensive

Nevertheless Olympics - is not only a waste of public funds and sponsorship. Its proponents argue quite reasonably, that all structures built after the Games will not go away, this long-term community projects that will continue to serve Canadians and to faithfully. In addition, the Canadian government believes that such a large scale event as the Olympic Games could become incentives needed in ordedc5r to help the country out of recession, while other states have to develop special programs for economic recovery.

Olympics has created a huge number of jobs and an estimated Canadian experts, will bring the country”s economy as a whole about $ 4 billion should not forget about the long term - the Olympic Games certainly attract the attention of tourists to Canada, not only during competitions. Vancouver experience, of course, is relevant for our country, which will be the mistress of the next winter Olympics.

voiced by the projected cost of our games (even adjustable in a crisis) exceeds the most detailed calculations of Canadian skeptics. But all the above benefits of these investments should bring.


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