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IOC seeks to simplify Olympics bids
08 Dec 2014 14:02
The International Olympic Committee has passed sweeping changes to the bidding process for the Games, making it easier and cheaper for host city hopefuls.
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The IOC approved a set of recommendations that reduce the cost of bidding and allow candidates to integrate the Olympics into their city plans rather than the other way round.
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Changes also include an invitation phase where potential candidates can first discuss plans with the IOC before deciding whether to launch a campaign to stage the Games.
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The IOC is eager to avoid a situation such as happened in the 2022 Winter Games campaign where four of six candidates dropped out in mid-race over financial concerns, denting the Games' reputation as a lucrative project.
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