Beijing spent inordinate amounts of money on their venues and now they serve as little more than reminders of the past. London spent a lot more than they wanted on theirs and hope these two weeks aren’t the end all be all.
It’s not all bad though.
Atlanta and Los Angeles still use their stadiums, the latter city spending close to nothing when compared with their Chinese and English counterparts. The fate of venues created for the Olympics differ depending on where you look and whom you ask.
But, in an effort to “demystify” the economics of Olympic stadiums, the Danish Institute for Sports Studies analysed figures for over 75 venues built for international sports events (including the World Cups and European soccer competitions) since 1996, basing their subsequent rankings on attendance figures in relation to total capacity, reports The Financialist. They also included the UK advertising revenue growth from the Olympics as a nice little sidebar.
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