Olympic Games of 2016, costs per athlete are on average US$599,000 for the Summer Games and $1.3 million for the Winter Games. For London 2012, cost per athlete was $1.4 million; for Sochi 2014, $7.9 million. Where ambitious construction for the 1976 games in Montreal and 1980 games in Moscow had saddled organisers with expenses greatly in excess of revenues, 1984 host Los Angeles strictly controlled expenses by using existing facilities except a swim stadium and a velodrome that were paid for by corporate sponsors. The Olympic Committee led by Peter Ueberroth used some of the profits to endow the LA84 Foundation
Bids for the 2018 Summer Youth Olympics forward as the United Kingdom's bidding city for the 2018 Summer Youth Olympics. Glasgow's bid for the 2018 Summer Youth Olympics marked the first time a city in Scotland has made a bid for an Olympic Game. London has made four successful bids for the Summer Olympic Games in the past. They were awarded the 1908, 1944, 1948 and 2012 Summer Olympics. The 1944 Games however were cancelled due to World War II, however London still hosted the games three years after the war ended. Medellín bid for the games after successfully hosting the 2010 South American Games and having