It seems that China intends to spend a stonking $35BN, on the 2008 Games being hosted in Beijing, now that's what I call serious money!
The Chinese, it seems, intend to do "the full monty" and build; roads, subways and another airport.
The costs of the Games rise each time for a number of reasons:
- The host country's ego in trying to outdo the previous Games
- An increase in the number of events considered to be Olympic sports. I understand that the ancient, and noble, "sport" of darts is being considered for inclusion
- Increased security costs
- The costs of bribing, oops sorry, "bidding" for the Games
That being said, there are some rewards to be had; if the host country doesn't "cock it up". I understand, for example, that Athens earned $1.5Bn from the sale of the TV rights; together with another $1.2Bn from those health conscience companies Coke and McDonald's.
The motto of the Games is in fact:
"Mo Money!, Mo Money!, Mo Money!"