Munich said yes. YES – on a blank cheque, because for an overview of revenue and expenditure only reference was made to Paris[1]. A government deficit of around €6.3 billion, as in the ‘model’[2] Paris? YES.
NOlympia Press Spokesman Eckart Maudrich:
“Munich voted without knowing what the Olympics will really cost. Specific figures? Misrepresentation. It is quite possible that the mood will change as soon as it becomes clear how expensive the fun actually becomes. After all: Munich already has an Olympic stadium – Hamburg would have to build one first. And while the Hamburg Senate complains about additional costs of hundreds of millions of euros for climate protection as a result of the successful decision for the future, it is ready to take billions of euros in hand for the Olympics. And that's despite the fact that the Olympic Games have always been much more expensive than planned in the past. How can this be financed without massive debt? Only private investors remain: Is Elon Musk building the Hyperloop as a private railway line? Does the Swiss with the Hamburg roots donate the Olympic Stadium? Or does the last best friend who currently spends his time in an Austrian prison come back? None of this – nor any other private investors who would have a say in the city’s public space – would be an acceptable alternative. Olympia is too big for Hamburg. The future decision shows where the money should be invested more meaningfully. Hamburg will put the Senate back on track in May 2026.”
annotations
[1] olympiabewerbung-muenchen.com points, however, to the 2018 planned figures, which are 1.3 billion below the 2025 actual figures
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