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A permanent venue for the Olympic Games?
The cost of building new facilities and stadiums is a huge burden for each respective host country and its citizens.
Corruption flourishes in the run-up to Olympic Games. In the past, the money flows surrounding venues, facilities and infrastructure came under scrutiny, as the examples of
According to a
from the Saïd Business School at the University of Oxford, all modern Olympic Games have come in over budget, roughly half of them exceeding their budget by over 100%.
Construction for the Rio Olympics
Applications for hosting, organizing and financing the Olympic Games are voluntary.
A single, permanent venue would require regular maintenance and would need to be updated as the
IOC approves new sports
for the Games.