Originally Posted by ken0042
To expand on your point- technically some television company paid big buck to the IOC to be able to broadcast the Olympics. Look at the other thread it's in the 100's of million per Olympics. Where does all of that money go? It seems crazy that a good amount of that television revenue doesn't make it's way back into training and support for the atheletes.
That's a really good question. I did a quick search for how the IOC spends its money, and the info from the IOC themselves is incredibly general and vague, but it does seem like they put a significant amount back into the National Olympic Committees as well as the as well as the International Sports Federations.
But there's no detail about how much, how it's allocated, or what sort of oversight they have to ensure it's properly spent.