Connect with us

News

PyeongChang 2018 announces surplus of at least USD 55 million

The President of the PyeongChang 2018 Organising Committee (POCOG), Lee Hee-beom, has announced that his organisation has achieved a surplus of at least USD 55 million. This announcement was made during Lee’s final report to the International Olympic Committee (IOC) Session in Buenos Aires.

“We congratulate the Organising Committee of the Olympic Winter Games PyeongChang 2018 for the organisation of outstanding Olympic Winter Games, which were extremely successful in all respects. In recognition of these great achievements, the IOC will contribute its share of the surplus for the benefit of sport in Korea,” IOC President Thomas Bach said.

Any surplus from the organisation of the Games is normally divided between the IOC, the Organising Committee and the host National Olympic Committee for the benefit of sport and the Olympic Movement.

Recent Posts

Must See

Most Viewed Posts

  1. Jerome Boateng declares 2018 his most difficult year as he says his visit to Ghana has been enlightening and emotional. (Oma Akatugba) (27,930)
    By: Oma Akatugba Boateng: "2018 comes to an end- i am happy about it." Germany and Bayern Munich defender Jerome Boateng declared the year 2018 has been the most "difficult " year in his career. The 30-year-old Ghanian German, who just left Ghana, the country of his father where he visited for the first time, […]
  2. Watch Benin Vs Nigeria Live . (Oma Akatugba) (18,668)
    https://twitter.com/pablofooty/status/1375834571690901510?s=21
  3. Jose Mourinho, Africans In Italy And The Nigerian Mentality: A Chat With Victor Obinna Nsofor in Milan. (Oma Akatugba) (10,272)
    By: Oma Akatugba For an African, leaving home has been seen usually as a way to become the next big thing, especially for athletes, and more especially, for footballers. The toils and sweats usually go unrecorded, unnoticed and unobserved, but you are still expected to make lemonades out of the little lemons you get and […]
  4. EXCLUSIVE: I Did Not Sleep With 23 Women In Iran – Messi Lookalike Clears The Air (Oma Akatugba) (9,170)
    By: Oma Akatugba Are humans really created in twos? Well, it all seemed like a façade until these rumours milled out from the streets of Iran. It's high time you checked your mirror, and be careful of who you appear like, else, you may be fiercely rumoured to be living on the pretext of who […]
  5. He Was Abandoned In Myanmar But Ended Up The Most Sought-After Player In The Country- The Incredible Story Of Emmanuel Uzochukwu (Oma Akatugba) (7,937)
    By- Oma Akatugba There are many Nigerian footballers and even many more who just need an opportunity to shine. They go above the usual in their pursuit of greatness. While some have found themselves in excellent conditions, so many others haven’t been so lucky. For Emmanuel Uzochukwu, a 21-year old Nigerian attacker painting Myanmar red […]

More in News

Change Language »