What are the costs of hosting the Olympics?

See
Think
Wonder
What are the IOC looking for
in an Olympic host city?
Sustainability
Legacy
What do these mean?
What are the costs of
hosting the Olympics?
Could Hong Kong host the Olympic Games in 2024
Why do cities want to host
the Olympic games?
Local people want it!
It ‘shows off’ the
organisational skills of the
city / country hosting.
The national economy can
be boosted through
spending by tourists and
investment by TNCs
It can improve performance
in sport and inspire young
people to take part in sport
The Olympics can bring
investment into poor areas
of a city
As a group
Research the economic costs of hosting the Olympic Games
• Sydney 2000
• Athens 2004
• Beijing 2008
• London 2012
• Rio 2016
Extension: How much was funded by tax payers, investors and media
Should Hong Kong host the Olympic Games in
2028?
• Your task is to come up with a convincing argument for or against
Hong Kong applying as a candidate city for the 2028 Olympic Games.
• Discuss what the city could benefit from?
• Rank these in order of significance
Identify a site for the main stadium
• Use Google Earth
It must have
• Access to MTR /possible MTR
• Infrastructure (water, electricity)
• Space to build a stadium (you can use ‘brownfield sites’)
• Potential to improve deprivation
Remember you need to make it sustainable and ensure a positive legacy!
The national government
A developer
Local business owners
The government will be involved in
identifying locations for the Olympic park and
in attracting investment by sponsors and
transnational corporations. They will be
interested in maximising social and economic
benefits of hosting the Olympic Games whilst
minimising the environmental impacts.
Members of the national government are
elected by the public, therefore they will be
interested in maximising their popularity.
In the Olympics, developers will be
involved at all stages of the design,
preparation and construction of facilities
for the Olympic Games. These are
usually private companies and include
architects, surveyors and planners.
Owners of businesses including shops,
hotels and factories. Some of these will
benefit from increased revenue during
the Olympics, whilst others will benefit
from improved investment, improved
infrastructure and transport services.
Some local businesses will need to be
relocated in order to make space for the
Olympic park.
Tax payers
Representative from Greenpeace
Transnational corporations
Over 80% of the funding for the Olympic
Games comes from public money that is
generated by taxes.
Greenpeace is a non governmental
organisation that is present in over 40
countries. It is an environmental
organisation focussing on issues such as
climate change, pollution and
deforestation. They will be concerned
that the Olympic Games have a positive
impact on the environment.
TNCs such as McDonalds, Coca Cola and
Adidas are involved in the sponsorship
of the Olympic Games. They will be
interested in advertising their brand at
the games.
Tax payers will be keen to make sure that
their money is being spent effectively and
that they will benefit from improved
employment and reduced rates of poverty
and deprivation.
Read through the information on your
stakeholder
“A stakeholder is a person or group with an interest or concern in an
issue”.
Explain to your group what your concerns or priorities will be regarding
the Olympic games.
Remember to consider LEGACY and SUSTAINABILITY