TSX HEADLINES – for September 7, 2018: Six months after the closing of the PyeongChang Winter Games and Paralympic Games, the host Gangwon Province is reported to be in the midst of “conflict with locals and unpaid wages continue to plague the local government, while the astronomically expensive venues sit empty.”
The governor of the province told a major Korean newspaper that “We need urgent financial support from the government.”
This all comes at a bad time for the International Olympic Committee, which has been boasting of a financial “surplus” for the PyeongChang organizing committee and has promised to announce these results in detail this month.
Now, another example of the financial pain of hosting an Olympic Games is imploding the IOC’s carefully-crafted project of showing that the event can be run responsibly. Now the IOC must adopt a stance it has never taken before to rescue itself from this latest embarrassment.
What is it? We have the answer in our Lane One commentary, plus the IAAF Continental Cup, the start of the FINA Swimming World Cup and more world championships coming up this week:
(1) THE TICKER: This week marked the anniversary of the worst day in modern Olympic history, the murder of 11 Israeli athletes at the 1972 Olympic Games in Munich. But the Games did go on, as announced by IOC president Avery Brundage at the memorial service on the 6th of September.
(2) THE BIG PICTURE: Some 46 years after Munich ‘72, the International Judo Federation announced that the United Arab Emirates has agreed to allow Israeli athletes to compete freely in the Abu Dhabi Grand Prix in October. How can this still be an issue?
(3) ATHLETICS: The IAAF’s Continental Cup is hard to take seriously, with some odd rules, like eliminating the last runner on each of the last four laps of the longer distance races. But there are some big stars and great match-ups, including Noah Lyles in the men’s 100 and world-record holder Keni Harrison in the women’s 100 m Hurdles!
(4) SWIMMING: The 2018 edition of the FINA Swimming World Cup starts this weekend in Kazan, Russia, with South Africa’s Chad le Clos and Sweden’s Sarah Sjostrom looking to defend their 2017 championships. But there are new rules and 2016 winners Vladimir Morozov and Katinka Hosszu are ready to challenge …
(5) WATER POLO: The no. 1-ranked U.S. women’s water polo team outscored their group-stage opponents by 61-6 – yes, 61-6! – to move into the quarterfinals of the FINA Women’s World Cup in Russia!
This issue includes ON DECK previews of Athletics ~ Cycling ~ Rowing ~ Sailing ~ Swimming ~ Volleyball; SCOREBOARD reports on Cycling ~ Shooting ~ Water Polo, plus AGENDA, our exclusive calendar of upcoming international events!Want to stay informed on the worldwide carousel of sports? There’s only one way to follow all 41 sports on the Olympic program: read The Sports Examiner! Join the fun today and get more than 150 issues a year delivered directly to your e-mail inbox: Click here to subscribe!