IOC balks at helping Rio with $35 million-$40 million Olympic debt – Chicago Tribune

The IOC has balked at helping Rio Olympic organizers pay a debt estimated at $35 million-$40 million. The executive board of the International Olympic Committee, meeting Sunday in Lausanne, Switzerland, said it had already contributed a “record” $1.53 billion to last year’s Olympics, and questioned giving more after meeting with organizing committee President Carlos Nuzman.…

IOC balks at helping Rio with $35-40 million Olympic debt – My Fox Boston

Updated: Jul 9, 2017 – 4:11 PM “; var imageDivId = “#”+”firstImageDisplayModal_422697790”; if ($(“.reveal-modal-bg”).length == 0) { $(“#wrapper”).after(“”); } if ($(imageDivId).length == 0) { $(“#wrapper”).after(contentText); } RIO DE JANEIRO (AP) The IOC has balked at helping Rio Olympic organizers pay a debt estimated at $35-40 million. The executive board of the International Olympic Committee, meeting…

Rio Organizers Look To IOC For Help Settling $40 Million Debt – Swimming World Magazine

Photo Courtesy: Rob Schumacher- USA TODAY Sports Brazilian organizers are seeking help from the International Olympic Committee (IOC) in the form of financial assistance to settle millions of dollars in loans. In an article that appeared in the The New York Times from the Associated Press, creditors are reportedly still owed 130 million reals, or $40 million, from the Olympic…