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.…