IOC Tells Sion 2026 That Unlimited Financial Guarantee Not Required For Olympic Bid

The International Olympic Committee (IOC) has confirmed that the Sion 2026 Olympic and Paralympic Games bid will not be required to provide an unlimited deficit guarantee to cover any budget shortfall by the organizing committee (OCOG). Bids for past Games have required extensive guarantees of the OCOG budget, usually underwritten by the appropriate government, to … Continue reading IOC Tells Sion 2026 That Unlimited Financial Guarantee Not Required For Olympic Bid