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How do you feel, investor? (1648)
Maksim Fyodorov, editor-in-chief of the Publishing House MediaYug  
Heritage and heirs (1819)
Do I look like a person who doesn't care about his future? (1855)
Small offshore for a great state (1703)
Ecological fear takes molehills for mountains? (1774)
The Olympiad is flying into the sky or How to see the Games in The Heavenly Empire and try to organize better (1671)
The results of the Chinese in Beijing were impressive. But they will certainly be much more impressive in the future (1677)
We hope it will snow during the Olympic Games in Sochi (1625)
Investors, the field is yours! (1923)
All we have achieved is just the beginning of our sports career (2125)
The fighter Voevode is on the watch (1998)
Festival of the river Tanais (2826)

We'll stand up with might and main

2 (2008)
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In spite of stereotype, not always there were many countries craving to host The Olympic Games and asking IOC for this.

Not long ago the Olympic Games especially The White Olympic Games were considered a curse to the state budget and were held with no encouragement of common people. International Olympic Committee had to adduce a lot of arguments to persuade welldoing countries to organize another Olympics at their place.

The same situation was with the White Olympic Games in 1976 which had to take place in Denver, USA. However its authorities refused to conduct the Games, alleged the results of referendum in state of Colorado in1972. Then IOC officers persuaded to conduct the Olympics in Innsbruck, Austria. The fathers of the city «hit» by The Winter competitions in the year of 1964 calculated correctly that the sports facilities hadn't gone out of date and their modernization would be cheap enough. That is why they accepted it. In 1980 authorities of American Lake Placid couldn't avoid organizing the Olympics and decided to do without classical Olympic village. Sportsmen were placed in a junior penitentiary which was being built, behind real prison bars. It was quite obvious the Americans wanted to get off cheap. And they did, spending only 363 million dollars. In 1984 the organization of the Olympics in Sarajevo made up the official sum of 200 million dollars. There was a «Social contract on financing the Olympics from the funds of citizens» in Yugoslavia. One-time pay was 5.000 dinars (according to the rate of the year of 1982 is a bit more than 100 dollars). Totally the government could collect not less than 500 million dollars. The first talks about profitability of the Olympic Games began in spring of the year of 1984 when Los Angeles’ government earned on the Olympics 335 million dollars besides the long term effect of built athletic facilities use in the amount of 2.3 million dollars. This had a good reason to happen.

Experienced citizens of the megalopolis voted categorically against financing the Olympics from funds of the local budget and sponsors had to resort to private capital for the first time. The first commercial Winter Olympics were held in Calgary, Canada. The government decided not to be lavish and at first place spent money on building a new television centre. Jean Chretien, prime minister at that period, didn't want to disclose the real sum of charges mentioning the amount of 525 million dollars. According to his words the Olympics «fully covered the costs and brought profit» of 1.5 million dollars. The sponsors of the Games in 1992 in Albertville, France, took also the way of Innsbruck. Being already in use athletic facilities and the Alp resort infrastructure were involved to conduct the competitions. As a result they could reduce expenses on the Olympic Games in comparison with Canada to 450 million dollars and make French winter resorts popular and bring them to the level of traditional Swiss and Austrian ones. The next Olympic Games in 1994 suffered from the reform of IOC which decided to separate The Winter and Summer competitions and hold them in different time. There was none who would like to organize the Olympics in such a short period; therefore IOC was ready to any privilege and conditions for candidates. The only candidate was Norway which was looking forward to see its resorts in the number of sport Mecca. To achieve the aim Lillehammer was proposed. The most part of its costs on athletic facilities was paid by IOC. Sponsors announced the sum of charges of 500 million dollars of tourists.

As for the Olympics in 1998 Nagano, Japan the government wrote off more than 1 billion on the Olympic Games having reconstructed all road infrastructures actually. The total spent sum on the Olympic Games was less than 2 billions; meanwhile they officially announced the pure income of the Games — 37 million dollars.

The Games in 2002 in Salt Lake City, USA stuck in people's memory as the most scandalous, because of handing gold medals duplicate to Canadian skaters at «public request», stimulant disclosure, sportsmen’s room search, annulment of medals, etc. Nevertheless, such political situation brought the sponsors pure income of 100 million dollars. The Games in Turin, Italy, probably, were the most commercially planned. Already in January, 2006 it was announced that 63 companies were the sponsors of the Olympics. Italian advertisers spent 271.5 million Euro, IOC top partners contributed 130 million Euro. Turin accepted more than 6 million of tourists, who spent together with sponsors about 268 million Euro (pure income), meanwhile the Olympic Games costs made up 1.3–2.7 billion Euro according to different sources.

It is assumed that the Games in 2010 in Vancouver, Canada, will cost the government 2.5 billion dollars. This sum besides other charges included not on-budget points, such as road modernization, construction of railway from Vancouver airport to the center of the city. In addition to it government of British Columbia province is planning to earn 2–9 billion dollars of investments on all Olympic projects. The Games in Sochi are to be the most expensive. The charges sum stated in application for voting in Guatemala was 12 billion dollars. These figures may increase three times according to the references made in spring by Semen Vaynshtok, expresident of state corporation «Olimpstroy» and Sergey Stepashin, the head of Chamber of Accounts.