Munich 2018 Wants Government Guarantees

Willy Bogner, chief executive officer of Munich’s bid for the 2018 Winter Olympic Games, asked the government to guarantee funds that are needed for the 2018 bid.

Earth Times reports Bogner told the Sueddeutschen Zeitung that they needed a guarantee from the government that they would be responsible for any deficit which the bid committee couldn’t raise from private funds.

Bogner said, “it is clear that we are not in a position to raise all the funds necessary from the business sector, that is why we have to get guarantees from the government”, adding that he did not believe the 30 million euros planned for the bid would be sufficient.

The bid committee is meeting Thursday to provide the Bavarian ministry with an economic plan, reports Earth Times.

Meanwhile Bavarian governor Horst Seehofer said it was out of the question that Bavaria would contribute tax payers money to the bid, saying, “we are needing some clarity on the issue”.

Meanwhile several farmers in Garmisch-Partenkirchen where some of the venues would be located, have not made land available. Bogner said, “we can’t move the alpine ski events to a different location”.

He reportedly said if the farmer would not make the land available it could cause a problem. “I have to say clearly, that if you do not want the Games, you will not get them”.

But Garmish-Partenkirchen Mayor Thomas Schmid, who is mediating between the farmers and the bid committee, said, “the Olympic bid is not in jeopardy”.