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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…
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It’s been a year since the Rio Olympics, and while the party is long over, the bill is coming due. Rio Olympics organizers have asked the IOC for assistance in settling $40 million in debt with creditors, according to the Associated Press. The AP reports Brazilian Olympic Committee President Carlos Nuzman plans to meet IOC officials next…
AP Published 11:53 a.m. ET July 5, 2017 | Updated 8:12 p.m. ET July 5, 2017 CLOSE A federal prosecutor looking into last year’s Rio de Janeiro Olympics says that many of the venues ”are white elephants” that were built with ”no planning.” Time_Sports A general view of fireworks during the closing ceremonies for the…
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…
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RIO DE JANEIRO Almost a year after the Rio de Janeiro Olympics, Brazilian organizers are asking for help from the International Olympic Committee to satisfy creditors who are still owed about 130 million reals ($40 million). Mario Andrada, a spokesman for the Rio organizing committee, said Brazilian Olympic Committee President Carlos Nuzman would meet…
By Associated Press Published: 01:57 +10:00, 6 July 2017 | Updated: 01:57 +10:00, 6 July 2017 e-mail RIO DE JANEIRO (AP) – Almost a year after the Rio de Janeiro Olympics, Brazilian organizers are asking for help from the International Olympic Committee to satisfy creditors who are still owed about 130 million reals ($40 million).…