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Olympic Funding

  • Union threatens LA Olympics strike and issues $5bn demand

    Sport Business

    The 2028 Los Angeles Olympics has been threatened with strike action by a union demanding a $5bn investment in local housing. The Unite Here Local 11 union has issued a list of demands ahead of the next Olympiad, insisting their 32,000 members could strike over the Olympics if they’re not listened to. They have asked [...]

    The 2028 Los Angeles Olympics has been threatened with strike action by a union demanding a $5bn investment in local housing.
  • Brisbane 2032 gets £1.6bn federal funding boost for Olympic venues

    Sport Business

    The Australian federal government will contribute £1.6bn to Brisbane 2032 venue construction ahead of the Olympic Games in seven years. The federal help will leave the Queensland state government and private investors to cover the remaining £1.8bn required for the 2032 mega project. Over £500m will go towards a major new 60,000-capacity stadium in Brisbane’s [...]

    The Australian federal government will contribute £1.6bn to Brisbane 2032 venue construction ahead of the Olympic Games in seven years.
  • Brits back Team GB funding hike, but split over taxpayer involvement

    Sport Business

    More than half of Britons think Team GB athletes should be given more funding but are split over whether that injection should come from the taxpayer, new research out today shows. Exclusive polling by Ipsos for City AM reveals backing for athletes such as Keely Hodgkinson to receive more than the average £22,500 payment, but [...]

    More than half of Britons think Team GB athletes should be given more funding but are split over whether that injection should come from the taxpayer, new research out today shows.

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