IOC readies to crown Paris, Los Angeles
Lima, Peru: The International Olympic Committee (IOC) will crown Paris and Los Angeles as hosts for the 2024 and 2028 Olympics here on Wednesday, delivering a welcome feel-good factor amid a gathering storm of corruption allegations.
For the first time since the awarding of the 1984 Olympics, when only one city was in the race, the traditional frenzy of last-minute lobbying, politicking and schmoozing will be strikingly absent in Lima.
In a historic move, the IOC brokered an agreement that will see Paris handed the 2024 Games with Los Angeles awarded 2028, an outcome that all sides are declaring as victory in a "win-win-win" deal.
IOC members will ratify the agreement following 25-minute presentations by Paris and Los Angeles, the last two cities left in the race for the 2024 Olympics.
“It's a big win and we are here to really enjoy it,” said Paris 2024 bid co-chief Tony Estanguet, reflecting the triumphant mood amongst the French delegation as Wednesday's vote neared.
Los Angeles 2028 officials, meanwhile, insisted they are satisfied with the deal which means the Californian city will have to wait 11 more years before it stages the Olympics for a third time.
The city will receive roughly $100 million more than Paris in IOC funding for the games, a financial sweetener that delivers "a frankly much better economic result", according to 2028 bid chief Casey Wasserman.
