Authorities do not want to hold the Olympics?

The International Olympic Committee named five cities competing to host the Summer Olympics -2024 Budapest, Hamburg, Los Angeles, Paris and Rome. City winner will be known in 2017. Earlier in the number of applicants Baku was also  mentioned.  However, according to the  spokesman of the Ministry of Youth and Sports, the refusal of  candidacy of Baku is connected with the preparation of other international competitions - Islamic Games -2017, "Formula 1" and the Chess Olympiad - 2016.

Baku applied for hosting the Summer Olympics in 2016 and 2020, but both times was not included  the short-list of candidates.

Baku initiated the European Games to demonstrate the ability to hold major competitions. For this purpose,  Olympic Stadium was built at  500 million  Euro.

However, now under  the decline in oil revenues, the authorities lost the enthusiasm,  and  not  cannot afford itself such a luxury. -06D-

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