Why The Olympic Bid Process Is Corrupt And How It Majorly Changes Your City...
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- Опубликовано: 2 окт 2024
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The costs are paid by the tax payers, the benefits are received by the private sector.
Yeehaw rich people
The private sector are the tax payers. And those high up in the private sector employ other tax payers. The problem is with the government, not the private sector.
Yes there are tax payers in private sector as well (duh) but why do they keep the profit while the average tax payer only sees a loss? I'm not sure what the problem is with government, except maybe they shouldn't be spending that kind of money on a sporting event... but that's not really the point of the initial comment, the point was about where the profit goes.
@@ActionPactCinema Do you actually think the money goes to employees and isn't pocketed by the higher ups?
@@ActionPactCinema I mean sure they employ others but do those employees get any benefit? They'll still be getting their regular monthly salary unless they get paid by traffic which I'm pretty sure no-one does.
I’ve heard of ideas like having only a few cities that are set up for the Olympics and rotating through them, rather than having cities build hundreds of millions of dollars worth of infrastructure that likely won’t be used again.
Could rotate between Los Angeles, London, an Asian city (Tokyo?) and Melbourne. Have a new city every so often.
One per continent seems like a decent idea.
Sydney would be better we already have the infrastructure
@@erebusvonmori8050 Sounds like Antarctica is really gonna have to step it up then
That sounds a bit boring. Only English-speaking countries + Tokyo. And what about Africa? I'd go for a few more cities, but rotating through them does sound like a great idea. We don't want people thrown out of their homes for new Olympic stadiums every few years.
@@Anna133199 South Africa. The city that hosted the FIFA Cup? Surely they have the infrastructure?
London 2012 made money, most of our stadiums were built with the future in mind, West Ham takes residence in the London stadium, the entire area of east London was regenerated, it's an amazing area now. Yes there have been some negative impacts in terms of gentrification, but the economic for London were overall positive!
I agree except the London stadium has some issues because of the mistakes of the company to rent the stadium instead of sell up witch means it’s losing a lot it needs to sell and then keep profit and reinvest in sport but overall it was good for the area and made money
Agreed, a number of the venues were designed to be temporary and were then sold on to other countries for their sporting events, that and the overall joy and happiness that accompanied them was infectious.
David Wood I mean the while stadium is going to get a re design for football if it’s sold on but atm it is held to not change anything because it’s a Rental that costs tax payers money if sold on expenses would move on and tax payer would make profit
shhh those statistics don't support the argument! that's why they were completely brushed over at 6:17!
No, London was a complete money sink. Most of the funds went to West Ham United's owners who have connections to the organisers and financial stakes to various newspapers (Such as The Sun)who promoted their actions in the bidding war.
NONE of the money actually went to anything, and they foolishly believed that they solved the issue of inactive and unfit children at schools. Which, by the way, DIDN'T happen. Also, much of the infrastructure was temporary because the costs spiralled out of control (did you know that the London Olympic Stadium was initially going to have a screen that televised the event for non-event ticket holders? That was scrapped). The 2012 Olympics were also nearly cancelled due to the Tottenham (and eventually, England) riots of 2011 due to the high amount of damage caused.
not going to lie, most of the sports there are extremely boring
they need to add lightsaber duels
Meh. It would look like Olympic Kendo.
I say sports is boring in general. But it is impressive, especially to those knowledgable with details.
People are just running, tossing, moving. But there are so much more within those actions. It's like a feast for the eyes of other professionals, but a boring show for those with little ideas. It's fine to be in either side.
@@fa2lemuelm2 only thing i find captivating is MMA. Anything can happen when they step in that octogon
Neo the Loof Literally, the word sports should really be called “physical art” because that’s exactly what it is. And when people say all sports is boring it’s the equivalent of someone not understanding the meaning of a Picasso.
Yup, couldn't agree with you more but wait .....
I live in Sydney and our Olympic park is CONSTANTLY in use. The stadiums always have shows, the Armoury is a staple for all Australian families and they have hosted the Easter show successfully. I couldn’t imagine that they haven’t broke into profit.
I am glad that we hosted the Olympics because some of my favourite memories were there
I think saying no to the Olympics was the smartest thing the people of Calgary had ever done. What a total waste of money.
Ya but it gave you bragging rights over Edmonton..you should hear the tone of Edmontonians talking about the 88s! Lol!
I disagree, we made money the first time and we could have benefited from it again.
But Calgary has already hosted the Olympics.
I believe hosting the Olympics is usually a loss and think most cities would be better without it. That being said Calgary is one of the few exceptions. Calgary is the training ground for much of Canada's Olympic roster already. The buildings are in place already and would likely need renovation but not much in the way of new construction. This has the long term benefits of keeping our training facilities running afterwards. Calgary is used to the influx market for events like the stampede so not much problem there either.
I totally agree. I think the dynamic of the city and of the olympics is really different from last time Calgary held the olympics
Just curious, is there a reason Vancouver 2010 was excluded from the stats? 🤔
Bc the data didn’t line up with the “olympics are costly and nobody cares for them/their facilities” narrative
@@gavinbradley8981 Because Countries that did well weren't a part of the story. Most of them go over budget or pull some shady shit on the local people. That is what I came here to watch and learn about...which I did. I don't know why so many people are expressing anger at this. The video is about the corruption and the expense involved in hosting the Olympics.
I wish that they would have talked about not just LA's positives but other year's positives too. Then we could have seen both sides more clearly.
No mentions of London 2012? Weren’t those games widely considered a success? As a resident of London, I loved the games coming to London, completely changed rundown ex industrial areas of the city.
Totally agree 💯
Yes one success as opposed to all of these other flops
Notice how the 2012 olympics are missing from the graph at 6:20
they also left out Vancouver
London was a massive success
Great piece. I feel like I’ve heard this story told 3 different times in 3 different ways on HBO Real Sports.
I think you should have gone with a different angle such as how individual Olympic athletes are going into debt to achieve their “Olympic dream” Most of these people are teachers, salemen, and just every day normal people. The cost of training and keeping up with a lifestyle comparable to an elite professional athlete is virtually impossible without having to quit your career to focus on training full time.
Unsolicited journalism advice, great!!
Glad I could contribute I’ll take my 20%. When it happens.
well its their choice though?lol there will alwais be dreamers( read short-sighted people)
Couldn't that just be another video? 🤷🏿♀️
This sounds so interesting. I hope this gets read by the Philly D team.
The Olympic stadiums and olympic park in Sydney are still used to this day.
Only for some sporting events pertaining to Aussie Rules and Association Football. At one time, the entire park was a racetrack for V8 Supercars (where it was the site of that infamous "they're ALL in the Fence!!!" line in 2010). Not that it matters, you can't live in Sydney anymore because of the insane and fucked housing prices caused by the 2000 Olympics, in fact, Australia (well, their government and IOC delegates) is so Olympics-addicted, they're planning on hosting ANOTHER expensive Olympics in Queensland for 2032.
I live in Tokyo and it's amazing how I haven't met a SINGLE PERSON excited for the Olympics. My boyfriend is concerned about how crowded the trains will be. Others at my school have mentioned worry about terror attacks. Not to mention that it costs fo much frickin money.
2040 Flint, we can share our lead with the world!
In Hungary there is almost always corruption involved in building big projects, from infrastructure to stadiums making the costs of these items skyrocket. And also it would have been, as you said, a bad investment at the time when more serious issues involving things from debt to general social well being needed (as always) more support.
Surrounding the 2016 plans; the people decided that Hungary doesn't want to welcome the Olympics in Budapest. Even a new party came to life from the conflict.
I've never enjoyed watching Olympics :/ but does the Paralympics suffer from the same problems? Just curious as It's more or less the same type of event.
ish, Paralympics go to the same city. It would be unfair to lay much burden on them for it however since it's not really a choice from the cities it's just "you are hosting this as well."
All effectively part of the same event held a month after the olympic games in the same city using the same facilities
Are you even human? Who doesn't enjoy the Olympics?
LoL. Just messing with you. To each their own🤘
They're different, there's not a lot of money in the Paralympics
Not really, but their was a scandal where Spain replaced the team with non-disabled players - ruclips.net/video/Y5F_ha7d-PI/видео.html
The Olympics need to be put in 1 place forever now. Winter Olympics could stay in Vancouver Canada, or somewhere in Europe near the Alps. Then have the summer olympics somewhere so it's not crazy dry but not constant rain,maybe back to Beijing, London, Tokyo, or Australia. That way buildings aren't built for literally 1 month of use and then get abandoned like in Brazil. Every country joining in the games would throw in a bit of cash to offset the high costs.
Lets say its built to the cost of 80 billion, but then following games it'll (only) be maybe 5 billion to simply revamp the buildings.
Doesn't really help the movement of locals, but at least it would only happen once.
Man this is a messy comment. Oh well
I agree on principle, but as someone from Vancouver, I think if it were to stay in Canada it should be somewhere further north/east. A split Olympics with indoor events in Vancouver and outdoor events in Revelstoke or even Calgary would serve better, because the main issue from the Olympics when they were in Vancouver, was that it was too warm for us to keep the snow for outdoor sports, we had to ship in snow and that's honestly ridiculous. We did have most of our outdoor events up in Whistler, but it was still too warm, and it's only getting warmer. Vancouver is the city with the highest winter temperatures in Canada, A city with better frost would be less expensive to host in.
If the Olympics are going to be in one location it should be Greece since its where they started
Bump^
Somewhat agree but maybe it should still change location every once in a while, just not every year. Maybe if the Olympics were more (summer or winter every year) often they could have a decade in a city (that would be 5 summer or 5 winter in a town in a decade before relocation).
Every country joining the olympics aren't going to pitch in if the olympics isn't hosted or is not gonna be hosted in their country. That'd be a waste done to only benefit the current country that currently hosts it, and it makes sense.
I saw a great video explaining how there should be a fixed list of cities (3-4 each for summer and winter) that the games rotate between. That way you don't have to build new facilities every time, but you can still host games on every inhabited continent.
Thank you Phil. I'm really enjoying the early videos.
One option could be stop changing the host city. Any revenue generated above operational costs can be shared with participating countries.
Euro 2020 is being hosted in multiple cities, though that's just an anniversary one-off.
Try looking into the Harry Potter/Bible thickness contract requirements the IOC impose on hosting cities. It's LITERALLY insane. All products present in any athlete location must be from event sponsors. So if an athlete hotel has Pepsi in its restaurant and vending machines, tax payers must pay to have that changed. They have LG TV's? Too bad, Panasonic is a sponsor, scrap all LG TV's, replace them with Panasonic. It's mandatory for EVERYTHING...
I live in Tokyo, and I know that when the Olympics start here it's going to be HORRIBLE. The trains are already crowded (and accidents happen constantly), street traffic is already insane during rush hour, and having so many more people around is going to make it impossible to get anywhere. Businesses are planning on changing their start hours so that they don't all overlap in an attempt to make rush hour easier, but 1) I can't see how much that would actually help and 2) literally how can we live ours lives if our jobs and the businesses we rely on everyday are moving hours around? It's going to be a nightmare. Luckily I live in western Tokyo (much less crowded here) and I can just stay at home during my free time, but I'm not looking forward to my commute to work.
Why was they're little mentioned about the London Olympics.
The exception that doesn’t fit the narrative (came in under budget, venues still in use, economic growth to area)
no Vancouver either
@@Britiswitz Of the modern Olympics, Sydney and London tend to be held up as the Games to strive for in terms of execution.
I thought the Olympics lost its credibility when atheletes and spectators were getting mugged in broad daylight in Brazil. Not to mention the whole having to swim in sewer water thing.
Vancouver olympics also never mentioned
Airwick ad before this excellent early morning video. This topic is a great one which demonstrates the business and stupidity of it has come out over the past few years. Keep reporting and clarifying the world Philip and Team.
As someone in Atlanta (hosted 1996 games), who lived through the attack, the remaining olympic structures (which are most of them) are huge visitor hotspots still. such as the Centennial Olympic Park. Sure there were some bad things but overall the olympics were, and still are a massive positive influence on the city and the surrounding communities.
People were displaced and it pretty much sparked the end of public housing in the city. So yeah there were good and bad aspects.
I’m happy Atlanta found useable means. If I quote the chair of the IOC that this video didn’t talk about. We are looking for a select number of cities in the future to host permanent games. Also it would be 20 summer and 20 winter.
I've been following you for quite some time Phil, and I still love your content. Thank you.
Did I miss it or did they just ignore the “London model”
The Seph I am 6:20 the 2012 games are missing from the graph
@@Tyork42 Yeah, the 2010 vancouver games are missing too. Which is weird because the 2010 olympics caused a great amount of growth and tourism in british columbia.
Emily Muller when olympics are done right they are beneficial which doesn’t fit with the narrative of the vid
Would have been nice to get the counter argument. Seems like one of the more heavily bias pieces they have done.
@@Tyork42 They mentioned that in the video.
I stay in Chicago.... a couple of days ago the mayor tried to bid for the games and almost everyone against it and still is
The Olympics have sorta helped the part of London it was hosted in, West Ham now play there which Is helping them do better which increased revenue for the club so they can buy better players, plus places like the copper box host mulitple things such as esports and tennis ECT ECT. The area is much better and there are homes or apartments being built there that are affordable housing so people can afford them
It’s anything but affordable. It’s gentrification which is pushing the original inhabitants out
The infrastructure had helped Vancouver too - but there was a lot of thought and planning that went into building the facilities needed so that they would be assets and not sit vacant afterwards.
@@zoebenefer6149 what are you talking about? It legally has to be affordable
London is one of the rare cities that could do the olympics at a low cost while making small changes. Overall, most nations have to spend like Brazil and less like the UK
@@Lynsey17 that's what London did, they made sure there was a plan in place for the long term success of the Olympic park
Phil your graphic at 6:20 is misleading. No distinction is made between summer and winter games, and you omit the 2012 london games which a quick google told me only cost 8.7bn (500million UNDER budget). Then the 2016 Rio summer games only cost 4.6bn! So i dispute this idea of rising costs (at least with regards to the summer games).
Brazil is already in crisis. The games may have *only* cost 4.6 Bn, but that was money they literally couldn't afford already. Also, your figure is wrong anyways: www.reuters.com/article/us-olympics-brazil-cost/rio-2016-price-tag-rises-to-13-2-billion-idUSKBN19539C. As for London, yeah, it was technically under budget, but that budget is about four times the planned budget at the time of the bid. They literally shifted the goal posts and it was controversial there too: news.bbc.co.uk/2/hi/uk_news/politics/6453575.stm#sa-link_location=TEMP&intlink_from_url=https%3A%2F%2Fwww.bbc.com%2Fsport%2Folympics%2F20041426&intlink_ts=1556197758856-sa.
The year when Olympics are held is the distinction between summer and winter games. 04, 08, 12, 16, etc are Summer, while 06, 10, 14, 18, etc are Winter.
That was 8.7 billion pounds, so $15million.
Also there was some clever accounting by the politicians since that was the cost of expenditure within London it self only. If you look at the needed infrastructure upgrades outside of London the cost is estimate to me as high as $24 billion
@@meh12345HEY I fully acknowledge i only did a quick google and of course the figures are spun to look at good as possible. BUT. Even in the worst possible interpretation of the costs, they aren't rising at the alarming rate presented
@@stlchucko that is not obvious enough. i know many Americans who didn't/wouldn't pick up on it. Also the summer games have different requirements to the winter ones, so why mix them in the first place.
My opinions have not changed as I already thought the IOC and Olympics was corrupt. I live in Calgary, Canada and we recently voted against hosting the Olympics. Which was such a relief. Such a waste of money, and so much corruption and athlete abuse.
The olympics is just like the World Cup. Whoever’s prepared to pay the Olympic committee/FIFA the highest amount wins.
Doesn’t matter if you get rid of the bid process. These countries will just start giving all their money to the most powerful individual involved in the process and still win because the benefits outweigh the negatives of being caught.
meanwhile the costs to host the games far outweigh the gains. it seems so short sighted.
after all is said and done, its not like the Tourism business is going to really take off once the games are over. the vast majority are only there to watch the games live.
I hope that you're alright, Phil. I love seeing your news videos, you're literally the only news I watch. I know this is out of line with the video but I just wanted to say that I love the videos and the news and watch you whenever I need a break from everything.
I'm from London and the 2012 olympics was a great success. Building a huge new shopping mall, witch is a national train hub and connection to the centre of London for people all over the country. having the main stadium sold to a local football club and hosting sporting events and matches to this day. All the permanent structures getting re used all the time and generating thousands of new homes in the east village creating new communities in a area of London that was a-lot less developed than others. the olympic park has had a very positive effect on London becoming a new hub for business and community.
you have a shopping mall witch? I'm jealous
we used to have a city wizard (no, I'm serious)
I'm sorry - we all make mistakes - including, esp me - I just couldn't resist this one
@@juliaconnell shhhhhhhhh
@@JakeZoufri opps sorry - your secret is safe with me!
I am serious about the wizard (I think of him as belonging to chch) - but apparently his domain was extended...
en.wikipedia.org/wiki/Wizard_of_New_Zealand
The IOC was the deciding reason I voted no in Calgary's plebiscite. I just don't trust them.
Wow someone finally acknowledged the equestrian sport? God bless 🙏
Excellent report thanks guys
I see that you're not being completely transparent with the graphs to do with the cost of olympic games. For example the London 2012 olympics cost about $11 billion, but that wasn't put on the graph cause it didn't fit the trend you were trying to portray. That's not exactly transparent. You don't even mention that it's not an absolute trend.
I've always watched the Olympics on tv... It gives me the best seat in the house!
HBO's Real Sports had great coverage on this. Also let's talk about the lack of money for the athletes. They can't use words like summer/winter, gold/silver/bronze in social media. The whole thing with Russia... 🙄
Also just in, water is wet.
when the olympics came to Sydney I was only 1 at the time. but I still remember my dad and mum telling me the story where I was there when Cathy freedman light the touch. its now 19 years later and my parents still tell me that story to this day. I feel like that it actually has a significant impact for the younger generation because they hear stories from their past of the olympics and even though it costs a lot of money it changes peoples lives. I mean the corruption is not surprising considering what has happened to the universe but still. it still holds a place in peoples hearts.
The IOC is corrupt and we need to establish a new way to decide who hosts the Olympics. That is the only solid point made in this video imo. The games themselves don't cause damage or displace people, the organisers do that when they cut corners or go overbudget in order to funnel money into their own pockets.
Just pick a permanent host. LA already has the infrastructure for it, so they don't need to build anything new. And that infrastructure is also used by LA citizens as well, so it won't go to rot. Or hell, find somewhere more rural, empty build shit there, so you don't need to move anyone out.
@@GeneralNuisance00 But countries taking it in turns to host the games is a huge part of it. If the IOC weren't corrupt and used a merit-based system to award the games to cities that would go a long way.
@@GeneralNuisance00 Just have it in Greece.
@@ssupernovae And have their economy go further into debt? No thank u.
@@rickkybobby8118 It might also be better to have a smaller rotation of countries that can actually host and benefit from the Olympics and have countries switch every 3 years or so. For example, having Japan host it for 2 to 3 cycles and then switch to Canada or another qualified country.
The costs are out of control on these games and most of the problem is the consultants who line there pocket and do little work
At around 6:20 , during the part with the graph showing the increase in the money spent on the Olympics, I noticed the 2012 London Olympics weren't included. Why is that? It can't be because they didn't want to show lower costs, since they still showed the 2018 South Korea Olympic cost which is significantly lower than the two that came before it.
I go to college in Athens, Ga. About an hour outside the city. During the 1996 Atlanta olympics they bussed amazing amounts of homeless people out of Atlanta and into Athens. 22 years later, the homeless population in Athens is still huge.
Wow this video is out early today. 4:00 am my time.
Jayred Potter 7 am est
7pm here. Nice time to recuperate.
I was under the impression that the Tuesday and Thursday morning videos were intentionally released at 4:00am Pacific or 7:00am eastern.
9pm (posted) 10pm (right now), Australia. On the 25th April.
I live in Calgary and we had it put to a public vote on if an Olympic bid was wanted. It was voted down pretty hard, but interestingly not long after it was announced that we would be hosting The Winter x Games for the next 3 years. The public reaction to that was pretty positive! Plus since we hosted the Olympics back in 88' and continue to maintain a lot of the facilities to this day, it felt like a good fit. Athletes from all over the world use them for training for so many sports. I know its nowhere near the same size event, but like I said, it was interesting to see such an opposing reaction to a similar event.
good videos, but you missed out the london 2012 olympics possibly because it didnt fit your narrative?
I'm from Rio, since the 2016 Olympics, the city is in a large debt, there are the empty arenas, poor people were expelled from where the central complex now is, the Brazilian Olympic Committee didn't pay a LOT of companies that it had made deals with, even the company my mom worked at the time, had financial troubles because it wasn't being paid.
One thing that was not touched on is that the IOC (or whoever manages the olympics money) receive a great deal of money out of this. The advertisement revenue is insane with loads of ads everywhere as well as the merchandise that is sold during the olympics (either at the stadiums or licenced to be sold by independent vendors.
If I am not mistaken not even a fraction of the revenue goes to the host country/city
Exactly, this is the reason why Atlanta won the 1996 bid. Because Coca-Cola invested a ton of cash to the City Council to basically buy the games. And all they got out of it was lower taxes for broadcasters and film studios (it's the reason why Adult Swim are based in Georgia, and why a ton of films are made there in addition to AS calling Atlanta home since 2001).
I am not a resident of LA, but have friends there. I am told that there are infrastructure issues, homeless issues, traffic issues, parking issues and just plain issues. Admittedly Los Angeles has until midnight July 20, 2028 to get these areas until control, but still....
NO! Stay out of LA! It's expensive enough here, already!
Never knew that if the Olympics are being held where you live there's a good chance you might be unfairly kicked out of your own home. What happens when you are? Do the people who are evicted just have to pack up and leave without question and no where to go? Or are they at least fairly compensated? Because everything about this is seriously messed up.
Olympics should be in Greece. And every 4 years some nation builds new stadium for the games (with welcoming ceremony taking place in given stadium).
Disagree for winter Olympics. It just wouldn't work, it's too hot!
@@nala3055 yeah Winter olympics should be in cold area. Id like some place on opposite side of world so timezones would be efected equaly. Either some place in Asia or Alaska seems possible, its close from Asia (3 bilion people), in richest nation on planet, snow will not be problem even with warming, already big hub for air travel.
every two years. winter games are a thing.
@@ChuckADickiner yeah Winter games probubly can't be in Greece. So some place in Asia or Alaska seem like good places (something +-12 timezones away would be optimal).
@CherpangIsMyOshi andStan48Gruops yes. We're talking about the iocc building their own permanent facility like a company would build a factory. Not a circus rolling from town to town. Please do try and keep up.
I work at SLCPL, and while it's a beautiful library, they rushed its construction for the 2002 games. This resulted in a pretty building that leaks out of every crevice whenever it snows or rains. It's great for the books XD
I wonder how many cities in the USA could host the Olympics with little impact (or an easy to absorb, not extremely expensive one). Vegas, Daytona, most college football towns. I like what the professor had to say about the cost ballooning because it's not about the sports. I do think the natural question is: you see international corruption in the IOC, you see it in FIFA, how can anyone think the UN is different?
I know when a city in Texas has made a bid run, it was usually planned to have events across Austin, Houston, San Antonio, and the Dallas/Fort Worth area. There are more than enough facilities to handle all the events, with almost nothing needing to be built competition wise. Plus, being that spread out would certainly lessen the traffic issues. The only issue, other than the heat, is that there probably wouldn't be a central Olympic Village where all the athletes stay. They would probably be housed in smaller Olympic Villages in the city that their events take place in.
what I don't understand is why they don't just maintain the facilities of these games in each country and have them on a fixed schedule to host it when it's their turn. this would prevent destroying our plant more than we already have done, by hosting these games.
Just have a dedicated place...in...oh, I don't know...Greece where it all started??? Preferably near Olympia.
I've lived in Tokyo for 15 years. I don't care much for the Olympic games coming next year. It's going to be absolute chaos, I can't get tickets to anything even if I wanted to and I'll pretty much be locking myself away or two weeks while this comes and goes and all the money grabbing ceases.
That's all the Olympics is these days underneath... a massive, multinational, periodically 4 year, two week cash grab bonanza... and Japan is one of the greediest countries of them all.
Why didn't you mention the success of the 2010 vancouver olympics in bolstering the economic success of the city?
I know that here in Australia nobody was forced out of their homes for the olympics, but the athletes village was actually turned into homes for the lower class and homeless
The Olympics had a great impact on London in terms of facilities. Every stadium is used with the main athletics stadium being used as West Ham’s football stadium. The area is really nice as wel
HAHA! NO! London is now the current crime capital of Northern Europe, with more murders than NYC. We can't afford anything at all, other than retarded projects that either go nowhere or more alternatively, cost us MORE money in the long run. Let's not forget, WE LOST OVER 50 MILLION POUNDS ON THE EVENT ALONE! This doesn't count the money spent on building the place. This is what we lost on hosting the fucking thing.
@@DR3ADER1 First London murders rate in 2018 was less then half that of New York, but poor reporting made you believe poor data. London did have 2 months last year where their where more murders there then NY. Also, NY has simply become WAY safer, with a murder rate that is 1/5 what it was in the early 90s. Berlin has a higher murder rate then London too. So you are wrong there.
But, West Ham’s football stadium is still an issue. While the stadium is getting used, it is at the cost of tax payers, mostly. West Ham pays 2.5 million per year for it's use, but tax payers pay 13 million to cover all the rest of the costs.
@@Loathomar Berlin in 2017 had 91 homicides compared to London's 130, this was sourced from the Met Police of London and Berlin's own force. So that's a little faulty there. I can partially concede that I was wrong on NYC's stats. However, on a month-by-month basis, apart from some months, they are slight differences by single digits in a few cases, with London surpassing NYC's stats.
@@DR3ADER1 "Berlin in 2017 had 91 homicides compared to London's 130" correct, but Berlin's population is 3.575 million vs London's 8.6M. 91/3.5x8.6 = 223, once adjusted for population. Not adjusting for population would be insane.
@@Loathomar I prefer using outright numbers over ratios, not doing so would undermine/exaggerate certain locales (such as Glasgow and Birmingham, both have significantly lower populations than London's but under certain ratios and under certain years, would surpass London's rates). Even if you DID adjust for Urban and Metropolitan populations, raw number outputs are much more direct, simpler and easier to read, and in essence, paint better pictures as to how shitty a locale is.
Earlier this year, Calgary, Alberta, which is the third largest populated city in Canada, wanted to make an Olympic bid for Winter 2026. The city council had residents of the city vote, and they voted "No" to host the Olympics. Something interesting to look into Phil!
You know what I see when I see those rings?
Exclamation points.
Hell yea.
College admissions scandal has brought up a lot of questions regarding legal donations and admissions practices... I would love to see a piece on that !
Phil, thank you very much for the early morning news show. I love them and they're just great.
Hope you don't discontinue them and I'll keep sharing and liking to do my part.
Stay beautiful you bastard
I live in Salt Lake. I can say that the olympics were great for us. We had a failing road system before them, and because of them we got all the money we had been trying for years to get so that we could fix everything. On top of that, the venues were built in areas that didn’t displace people. Since then most of the Olympic venues have been in use as training areas for people all over the world. Salt Lake is trying to get them again and there is support for it here. Salt Lake was the first Winter Olympics to make money for the host city and has continued to bring in tourist money.
Socialized losses, privatized gains.
I’m an English teacher in Japan, the Japanese government has spent a lot of money creating a brand new curriculum and getting children learning English younger for the olympics. They have also changed signs near Tokyo, from what I have heard, so more English is on them to get ready for the olympics as well. Japan is a cash society, and rarely where I live can I use a card to make purchases, the government is creating a push for shop owners to have card machines for all the tourists coming in in 2020. I’m wondering if these costs are part of the billions being spent or not.
new Olympic sport is fortnite
Lol..I'd really laugh at that if it wasn't so true!!
Vancouver 2010 is a possible good example of how the Olympics can improve an area. Though I have no clue how what they did in order to get the games there. I don't remember hearing about corruption at the time.
Update- I’ve just been Philed in!
I live in Calgary and voted no for the Olympics when we had our public vote about it. Partly due to the corruption in the IOC (one of my best friends lived in Richmond BC when Vancouver had the 2010 Olympics and the ridiculous corruption that happened there is still mind blowing) and due to how poorly our City Council was planning for the Games. The IOC is very much able to assist cities in paying the ridiculous amounts of money it costs to build new facilities but they don't. As well, most buildings that get built for the Games fall into disuse after which is ludicrous. If a city is going to host a Games and build new facilities they need to be sustainable and useful once the Games are done. Calgary's City Council had no plan for that and I refuse to be part of that shit storm.
Hey Phil, why haven't you covered Avi Yemeni's exposing Jim Jeffries of doctoring interviews to smear his interviewees?
Only person I've seen cover that is crowder
Prolly hasn't had enough requests yet. Or hasn't heard bout it.
@@u.s.s.chucklefucker1657 that's why i'm asking about it on every video.
it happened not long ago and was super scummy and literally nobody's covered it despite that fact.
Calgary, Alberta, Canada last summer did a city wide referendum to Vote on Olympic bid! It was a huge NO FOR CALGARY. Think it was about 5 billion to invest with an over all return of a couple hundred million. Cost to return was ridiculous.
Vote* not Corbin lol have no idea how autocorrect went there.
I was born and raised in Eugene Oregon. Aka. Tracktown USA. Ever since it was decided that they would host the next tack and field Olympic trials the town has gone insane and put all its money into a flashy revamp of the city. Meanwhile any school that isnt the University is struggling to get anyone to graduate anything and our suicide rates in the valley are alarming. But no. Paint more things on buildings and push all the homeless people around every 4 weeks 🙄
I went to the 2000 Sydney Olympics, though I can't remember too much because I was quite young. I've visited Sydney Olympic Park many times over the years for various conventions, I think it's had a positive impact on the city overall.
Hell yeah it changes my perspective. I hope the oligarchs learn how we all won’t take this shit
I love the Olympics but it’s bizarre that this corruption is still ongoing
Why would you represent the Olympic cost and the purchasing of votes as a balance? They are not offsetting each other, they are adding to each other...
The mayor of my city wanted to have the Olympics & thank goodness citizens got a say and voted NO! The economy here is already so bad and the Olympics would have made it worse
Montreal's Olympic stadium is one of the most over-budget buildings int he world. We are still paying for its upkeep cost with little to no real options as far as its future.
At the rate the bribery is going, people will wonder how such a small city as Lake Placid ever held the Olympics.
Stay safe and well Phil❤
What about London 2012? I'm British and there was some negative press in the lead up but the games themselves were an amazing success. The Olympic park is still in use and the stadium they build was sold to a football team and was deliberately made with extra seating which could easily be removed once the games were over. At my school there was a long term member of staff in the sports department funded as a result of the games. She was there to help get more teenagers into sports.
The Olympics should only be hosted in places that have the needed infrastructure already in place. While this means that some cities won't be able to host the Olympics it also means that infrastructure that won't ever be used again needs to be built.
I live in Vancouver, where the 2010 Winter games took place. Yes, there was some tourism boost benefits, but the inconvenience to the citizens was atrocious. I had a Police officer from a completely different Province (not even our region) threaten me with arrest for TOUCHING a fence one day... not just any fence, but the THIRD layer of different security fencing around a place. Many roads were closed, or limited in the way traffic could use them so that IOC vehicles could get places efficiently.
I lived across the street from a park that is popular down where I lived for homeless people to hang out, and even camp in. For the months leading up to the games, and conveniently thru to just a couple weeks after they ended, it was "under construction" so that tourists didnt see our homelessness problem.
I LOVED the games being here, because of my love of sports. But the inconvenience to the general public, is NOT worth it. If the IOC, which is worth hundreds of billions of dollars, actually used THEIR money more to make the games happen, I'd be on board for us doing them again. But as things stand right now, I would not welcome them back.... despite all the fun it brought.
Tough situation. I love watching the Olympics.
I appreciate you talking about this.
You think it's a mystery because you fundamentally misunderstand institutional power.
As a Salt Lake county resident, I think Utah made the best of after Olympic situations. Utah has always been known as a winter sports destination. They repurposed the facilities for public use and training. They may have bought votes, but the area is better for the event.
Why don't they just have it in the same five or so places? Only one place in any given country. The costs will be a lot lower over time and nothing will be displaced.
Did Phil just say "peppered"? Spicy, Phil. Spicy.
Times have changed. The Olympics just ain't worth it anymore. The corrupt IOC ought to be all arrested, scrapped entirely, and rebuilt from scratch....though I doubt it'll be any better even after that.
RIP Tokyo's economy.
Why do they have to build a new stadium every time the Olympics comes to town? Are there really no other sports facilities already available in these major cities?
Sports and cartoonishly corrupt governing bodies. Such an iconic combo.
I have been involved in Skeleton for Team Canada since 2006 and most recently coached for Australia in PyeongChang last year. This video barely scratches the surface of corruption within the IOC. There is too much for a RUclips comment, but some hot topics are: IOC list of demands for IOC executives while at the Games, Revenue distribution (host cities only really benefit from increased tourism, not Olympic revenue), and then the biggest issues (in my opinion) are the IOC demands placed on the athletes. When I was in PyeongChang I made videos for RUclips and wasn’t allowed to monetize anything because the IOC owns all rights to any publication of the Games (athletes aren’t allowed to mention their personal sponsors who got them to the Olympics!). I actually had the IOC copyright claim my Opening Ceremonies video and they attempted to give my channel a copyright strike. It’s becoming transparently clear that the goal of the Games is to line the pockets of the IOC’s major players no matter the cost.
In Tokyo money/people have been diverted from the Tohoku earthquake reconstructions. People are still waiting to get into housing years later. The Olympics isn't worth it.
When there was talk about bringing the Olympics to Colorado, I was very excited, now i'm glad that we didn't.
I'm from Vancouver and the 2010 Olympics were held here, but the damage is still done and outlasting. Billions were rerouted and spent to alter the Downtown area and police took a turn to (unofficially) say drug use would be something they'd turn their heads to so long as they stayed beyond a certain line in Downtown, and they're still there and very strictly sticking to that line. That's now known as the most dangerous neighbourhood in the city and it looks like a wasteland, not to mention the obscene death rate increase around there from overdose.
Addiction is a disease, I know. We could have used the money to put towards rehabs and preventions (that I guess we're doing now?) and that used to be a high priority, but the Olympics turned it into a "clean up" game instead of a community effort to provide needed resources. It's always been a problem here, but halting our attempts to fix it was a mistake. Sure, nine years later our Downtown area is still pretty and pristine. But why was that worth derailing one of the most prevalent issues around here?
I’m not going to lie, the Sydney 2000 Olympics seem to be extremely beneficial, we not have so many great facilities, stadiums, etc at our Olympic Park, as well as the direct economic benefits reported such as jobs, etc.
Wish you would of had some info on the Vancouver Olympics as well.
It generates tons of money too, what a coincidence.
I'm a huge sports fan from Hamburg and would have loved to have the olympic games in my city, but in the 2015 referendum about Hamburg hosting the 2024 Summer Olympics I still voted no. These games only benefit the rich and the normal people of the city get screwed.
Let me break this down for you. Ioc is now more interested in selling cities the Olympics than helping those cities.