Almost a year after the Rio de Janeiro Olympics, Brazilian organizers are asking for help from the International Olympic Committee (IOC) to satisfy creditors who are still owed about 130 million reals (US$40 million).
Mario Andrada, a spokesman for the Rio organising committee, said Brazilian Olympic Committee President Carlos Nuzman will meet officials next week at IOC offices in Switzerland.
“The IOC might help us gain leverage, might help us in this dialogue with the government,” Andrada said.
However, the IOC was cautious in a statement on Wednesday to The Associated Press. Contractually, host cities and countries are obligated to pay Olympic debts.
“The IOC continues to be ready to offer its help and expertise,” the state…
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