POSTED: November 29th 2016
NewsUpdate

Olympics: Budapest referendum on city's bid falls flat

Budapest hosted the Fencing World Championships in 2013 and will bring them back in 2019 © FIE
Budapest hosted the Fencing World Championships in 2013 and will bring them back in 2019 © FIE

MARISSA FLANDERS (USA) / Sports Features Communications

(SFC) An attempt to hold a citywide referendum on the Budapest 2024 Olympic bid has been abandoned by petitioners. The Hungarian city is running against Los Angeles and Paris to host the summer Games.

The Associated Press reports that Katalin Erdelyi, an investigative journalist, stated that the late notice given to petitioners by the authorities left no time for them to get the 140,000 signatures needed. She did mention that by mid-January a court decision on their appeal for a nationwide vote is expected.

 

Budapest 2024 critics have expressed that the Olympics lead to a risk of corruption and are too expensive. Costs were estimated to be $3.6 billion by a feasibility study, which also estimated net costs to be $2.6 billion after the sale of venues combined with other revenues. 


Budapest 2024's masterplan is cost effective and is committed to strengthening Hungary's growing economy. 


Also, Hungary is coming off winning the chance to host two championships both in Modern Pentathlon and Fencing. Budapest will host the  Modern Pentathlon 2019 Senior World Championships and the 2019 World Fencing Championships that the city also hosted in 2013. This will make the eighth time that Budapest hosts the high profile fencing event. Both of these competitions will serve as qualifying tournaments for the Tokyo 2020 Games.


The International Olympic Committee (IOC) will select the 2024 Olympic host city in September 2017. 

** MARISSA FLANDERS is a graduate of Saint Leo University with a Bachelor's Degree in Sport Business. She has over four years of writing experience and has a real passion for ice hockey following the Pittsburgh Penguins on her blog www.thepenshockeyshow.com.


Keywords · Budapest · Budapest 2024 · Olympics · Olympic bidding · IOC


For more information contact:
Laura Walden ()


All original materials contained in this section are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of Sports Features Communications, Inc the owner of that content. It is prohibited to alter or remove any trademark, copyright or other notice from copies of the content.