BOA and Locog agree to new talks over 2012 finance row

The British Olympic Association and the London 2012 organising committee have agreed to fresh talks aimed at settling their bitter financial row. The BOA has asked the Court of Arbitration for Sport to indefinitely suspend its request to rule on the division of any surplus from 2012. The BBC has learned that the BOA has [...]


Rio wins bid for 2016 Olympics; Tokyo eliminated in 2nd round

Tokyo’s hopes of hosting the 2016 Olympics were shattered Friday as the Japanese capital was eliminated in the second round of voting by the International Olympic Committee.
Rio de Janeiro was named the winner of rights to stage the 2016 Games, beating Madrid in the final round of voting to become the first South American [...]


Tension mounts, tempers fly ahead of 2016 Olympic host city vote

The International Olympic Committee is no stranger to tough decisions. It took the risk of sending the games to Beijing and said “No” to New York in the aftermath of 9/11. Yet, despite all of that accumulated experience, some IOC members are struggling with their latest conundrum: choosing the Olympic host for 2016.
Just two [...]


Olympic Committees Compromise in Revenue-Sharing Dispute

The United States Olympic Committee reached a temporary compromise Friday with the International Olympic Committee in their heated dispute over revenue sharing.
Officials from both organizations met in Denver and agreed to wait until 2013 to discuss the issue. At that time, they will restart talks about redistributing the revenue from global sponsorship partners and television [...]


Olympics-Softball rejects baseball’s plan for joint Games pitch

Softball will seek to rejoin the Olympics alone after its governing body on Friday rejected baseball’s proposal to make a joint pitch for inclusion.
Softball and baseball were dropped from the Olympics after last year’s Beijing Games but are among seven sports targeting the 2016 event when two sports will be added to the lineup.
In [...]


Rosneft pledges $180 mln for Sochi Olympics

Rosneft (ROSN.MM), Russia’s largest oil firm, pledged $180 million for the 2014 Sochi Winter Olympics on Tuesday, becoming the games’ third sponsor after the government scaled back spending on the event by 15 percent.
Rosneft will also build over 150 new gasoline stations ahead of the games, half of which will be spread across parts [...]


Chicago 2016: Rose Bowl in the running as 2016 Olympic soccer site

If Chicago is selected as the host city for the 2016 Olympic Games, the Rose Bowl in Pasadena could be one of the venues for the men’s and women’s soccer tournaments.
The stadium was one of six venues proposed by the Chicago bid committee when it submitted its canditature file to the International Olympic Committee.
The [...]


Olympics-Grassroots sport struggling in credit crunch, says IOC

Sport’s long-term popularity will suffer badly if governments redirect funds away from its grassroots during the global credit crunch, International Olympic Committee (IOC) chiefs warned on Friday.
IOC president Jacques Rogge said top-tier events like the Olympic Games and soccer’s World Cup were not suffering too much from the worst economic downturn in almost 80 [...]


Will London 2012 be a fairer Olympics?

Is the Olympics sexist?
Tessa Jowell seems to think so. The Olympics minister has raised the spectre of “gender discrepancies” at the 2012 games in London, specifically the fact that men will compete in 164 events, compared with 124 for women. Perhaps predictably, the Daily Mail has already made a sneery reference to “the equality [...]


Support for Chicago Olympics 2016 tempered by opposition to using taxes for Games

Nearly two-thirds of Chicago-area residents want the city to host the 2016 Summer Olympic Games, but most don’t want tax money to pay for it, a new Tribune poll found.
Yet many supporters—as well as a vast majority of those opposed to bringing the Games here—don’t buy the idea that private funds will cover nearly [...]