This is essentially what killed the bid here in Norway, those outrageous demands.
The interesting thing is that these were the IOC's demands before negotiations. So they obviously didn't expect all of this to actually happen, and perhaps even many of them to be dropped. But instead, what happened was that they fucked themselves over (the Oslo bid was supposedly the preferred one) by driving such a hard initial bargain that their negotiation partner just went "Nope, nope, nope".
Yeah, cities bidding is like investors bidding. They're looking at ROI's in more than just the monetary terms. However, if you walk into a board room and ask for a billion dollars they're going to tell you yo get out.
I think they are being tarred with the same brush as FIFA, or caught up in the — perhaps anachronistic — view of Switzerland as a haven for tax evaders.
What's anachronistic about it ? it's STILL a haven for tax evaders.
What's changing these days is rich people are renouncing en masse their US citizenship to escape the long arm of the IRS. I find it disgraceful & immoral that people elect to abandon their responsibilities as citzien to save a few pennies.
Switzerland buckled under US pressure, but what applies to the US doesn't apply to other -smaller- countries around the world , where funds of dubious origins continue to originate from & the money-laundering , let's call it what is is, business keeps on trucking as usual.
I find it disgraceful & immoral that IRS still wants you to pay income tax on your income abroad, even if your only tie with the motherland is "America" on the passport.
The interesting thing is that these were the IOC's demands before negotiations. So they obviously didn't expect all of this to actually happen, and perhaps even many of them to be dropped. But instead, what happened was that they fucked themselves over (the Oslo bid was supposedly the preferred one) by driving such a hard initial bargain that their negotiation partner just went "Nope, nope, nope".