Replies

Didn't the '96 Atlanta games end up in the red?

14 posted on 03/03/2004 5:07:08 PM PST by PogySailor

Huh?? No. The Atlanta Olympics were the first to return a pure profit, as a matter of fact - just not as big as originally hoped for and predicted.

The Sydney Olympics pulled a much larger profit (I think about $50 million) and the Athens Olympics are definitely expected to record a profit (due to proximity to Europe).

In cases before the Atlanta Olympics, they never made a profit (in terms of direct revenues vs expenditures) but the locale had a huge influx of infrastructure development and other funds (which is what I meant).

I'm a bit of an Olympics history buff, BTW.

18 posted on 03/03/2004 5:11:37 PM PST by AntiGuv (When the countdown hits zero, something's gonna happen..)

Heck no, and therein lied the problem.

For the Socialists who control the Olympics, they WANT the games to end up in the red.

46 posted on 03/03/2004 6:45:42 PM PST by Guillermo (It's tough being a Miami Dolphins fan)

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794