10 Interesting Facts about Olympic Games Costs and Finances

The Olympic motto, “Citius, Altius, Fortius“ means “Faster, Higher, Stronger.“ In theory, the Olympic Games are supposed to embody these ideals; however, in practice, the Games often fall short, especially when it comes to cost and financing. From the most expensive Games in history to some of the most corrupt, learn more interesting facts about Olympic Cost and Finances here. 1. The top three most expensive Olympic sports in terms of training cost are shooting, sailing, and equestrian. 2. In 1936, the German government paid about US$25 million to stage the Olympics in Berlin. In 1972, when the Olympics were held in Munich, it cost almost 70 times that amount. 3. Mismanagement of the 1976 Montreal Games left the city with a US$1.5 billion debt that took three decades to pay off. “The Big-O,” Montreal’s Olympic stadium, was nicknamed “The Big O-W-E.” 4. In 2013, Pope Francis met a large delegat