By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Friday, Apr 17, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
EuropeItalyWorld

Italy’s Olympic chief insists Rome 2024 Olympic bid will go on

9News Nigeria
Last updated: September 22, 2016 5:48 am
By 9News Nigeria
Share
4 Min Read
SHARE

The Italian Olympic chief has reacted angrily to the refusal of the mayor of Rome to support the city’s bid to host the 2024 Games.

Contents
Why Raggi said no: Analysis by James Reynolds, BBC News, RomeHow much does it cost to host the Olympics?

Calling the decision “demagogic and populist”, Giovanni Malago insisted the project was financially viable.

Mayor Virginia Raggi rejected the bid on Wednesday on the grounds that it would be “irresponsible”, and would leave the Italian capital indebted.

Boston and Hamburg have already dropped out of the running for the 2024 Games.

“Hearing ‘no’ hurts,” the head of the Italian Olympic Committee said. “I’m very sorry. It was possible to do this, and do it well. We will continue [with the bid] until I hear a formal no.”

“Is there an alternative project for the city that will create new jobs?” he asked.

Iran War: Nuclear Tensions Rise as USA Deploys More Troops
US orders non-emergency staff to leave embassy in Nigeria over security collapse
List of Nigerian States Labeled As High Risk by The U.S
Iran Urges Youth, Athletes To Shield Power Plants Amid Trump Threat

“Is there an alternative that will give answers to the young citizens aged 18 to 25? For the first time not even one of the environmental organisations opposed the project. Even the trade unions backed it.”


Why Raggi said no: Analysis by James Reynolds, BBC News, Rome

Screengrab from Roma 2024 bid websiteImage copyrightROMA 2024

In ancient times here, Roman emperors offered the thrill of bread and circuses to appease and divert a restless population.

That tactic, it seems, no longer works. These days, Rome is a city which can barely pick up its own rubbish.

Among many Romans, the idea of hosting an Olympic Games hasn’t provoked much enthusiasm. The new mayor knows that. She comes from the populist Five Star Movement, which has strongly opposed a bid for the Games.

Ms Raggi has had a difficult first few weeks in power. Her tenure has been overshadowed by accusations of mismanagement and cover-ups. Rejecting the Olympics may be her way of winning back popularity and asserting her own authority over the city.

Raggi finds it tough at the top


Ms Raggi, from the anti-establishment Five Star movement, suggested that Rome would have been left with redundant sports facilities.

“No to cathedrals in the desert,” she said, adding that Rome was still paying out for the Games it hosted in 1960.

Rome Mayor Virginia Raggi speaks at press conferenceImage copyrightAFP
Image captionVirginia Raggi told reporters that she was not prepared to allow the city to sink further into debt

Paris, Los Angeles and Budapest are still vying to host the Games.

The International Olympic Committee will elect the host at a vote in Lima, Peru, in September 2017, with Paris considered the favourite.


How much does it cost to host the Olympics?

Rome bid officials set a budget of €5.3bn (£4.5bn; $6bn) to host the Games, with a plan to use existing venues for 70% of the sites.

That was a template used by Los Angeles in 1984, when existing stadiums and other facilities were used and the Games made a profit. LA’s projected 2024 budget is $4.5bn (£3.5bn), with a hoped-for profit of $150m (£115m).

But most cities have made a loss. The 2004 Athens Games cost almost €9bn and increased Greece’s public debt.

The 2016 Rio Games cost an estimated $12bn (£9.2bn).

London 2012 went three times over budget and cost £8.77bn ($11.4bn), although the event boosted trade and investment by an estimated £9.9bn.

– BBC

author avatar
9News Nigeria
9News Nigeria is Nigeria's favourite news source. For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more. For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: [email protected] Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng
See Full Bio
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
By9News Nigeria
Follow:
9News Nigeria is Nigeria's favourite news source. For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more. For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: [email protected] Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng
Previous Article Zuckerberg and wife Pledge $3 Billion to fund research to End Disease
Next Article Nigeria owed $12.7 bln in undeclared oil exports – court document
Search
– Advertisement –
Latest News
  • 2027: Isa Pantami’s video of Gombe Governorship Ambition Sparks Reactions April 17, 2026
  • MTN Nigeria suspends Xtratime service over new lending rules April 16, 2026
  • Nigeria rice sharing politics, a proof of poor governance April 16, 2026
  • South Has Had More Time In Power – Atiku Rejects Southern Presidency April 16, 2026
  • Iran War: Nuclear Tensions Rise as USA Deploys More Troops April 16, 2026
  • 2027 Election Will Be My Last Time Contesting for Presidency — Atiku Declares Presidential Ambition April 15, 2026
  • Troops destroy terrorists hideouts in Bauchi Forest, arrest families April 15, 2026
  • Calls for INEC Chairman resignation grow as hidden facts about Amupitan bias emerge April 15, 2026
  • YAYI Youth Vanguard Hails Senator Adeola’s Emergence as APC Flag bearer April 15, 2026
  • BREAKING!!! Court Orders ADC To Stop National Convention, Maintain Status Quo April 14, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

International RelationsIran

Reflective Commentary on Operation Epic Fury and the Politics of Civilisational Self-Understanding

April 7, 2026
US President Donald Trump
Breaking NewsIran

Trump Threatens Tuesday ‘Hell’ for Iran Over Straight of Hormuz

April 5, 2026
US F 15E Fighter Jet
Breaking NewsIran

US Rescues Second Airman After Iran Downs F-15 Fighter Jet

April 5, 2026
US F 15E Fighter Jet
Breaking NewsIran

One soldier missing after Iran shot down U.S fighter Jet

April 4, 2026
US President Donald Trump
IranMiddle East

Trump says U.S “Will Bring Iran Back To Stone Ages,” in coming weeks

April 2, 2026
IranMiddle East

Iranian President Writes Americans, Questions U.S. Policy Toward Tehran

April 2, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Sports
  • Imo state
  • Opinion
  • Events
  • National Security
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • The Love of God
  • World News
  • Business
  • Crime and Investigation

9NEWS NIGERIA

  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?