Los Angeles City Council backs 2028 Olympic bid

Los Angeles poised to take another step toward 2028 Games

Los Angeles poised to take another step toward 2028 Games

Los Angeles officials have said the city would not need to build any new permanent venues to host the Games since LA already has multiple stadiums, arenas and college campuses.

"This new MOU ensures that our City priorities remain front-and-center in LA 2028's preparations for the Games".

The Los Angeles City Council on Friday voted unanimously to authorize the City of Los Angeles to sign the Host City Contract with the International Olympic Committee for the 2028 Olympic and Paralympic Games.

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After submitting a proposed $5.3 billion budget for the 2024 Games, the city would receive some big financial concessions for ceding the Olympics to Paris, including a $180 million advance from the International Olympic Committee that will in part help fund youth sports leading up to 2028.

With the further approval of the United States Olympic Committee (USOC), IOC members are expected to rubber-stamp LA's application for the 2028 Games, along with Paris' bid for the 2024 edition, at an all-members Session on September 13 in Lima, Peru.

More than 50 Olympic and Paralympic athletes and City leaders joined LA 2028 in Council Chambers to express their support for bringing the Games back to LA.

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It has been signed today, despite no revised budget or independent analysis having yet been carried out.

While LA 2024's bid hosted 32 community meetings in every city district as well as Santa Monica, the LA 2028 bid only had one meeting on August 4 in Van Nuys. The IOC also agreed to funnel any of its profits from the Games back to the city.

The memorandum also requires new, more frequent LA 2028 presentations and updates to the City Council in the first three years, invites additional city participation in developing LA 2028's overall insurance and risk management strategy, requires LA 2028 to acquire additional insurance and requires an independent review of the LA 2028's Games budget, which is to be paid for by LA 2028, according to that committee.

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"Who knows what the future holds but I have faith in you and this body that if anything comes up we will make the necessary adjustments to make this the most successful Games in the history of the Olympics".

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