LOS ANGELES (AP) — Los Angeles Olympic planners competing for the 2024 Games promised Thursday to help restore credibility and stability to the international sports festival as the world enters an era of uncertainty.
In documents submitted to the International Olympic Committee — known in Olympic parlance as the “Bid Book” — the privately run group known as LA2024 said it had crafted a “no surprises” plan that will closely watch the financial bottom line.
“The world is entering an era of unprecedented change and uncertainty,” the Los Angeles organizers wrote. “The 2024 Games must help restore the credibility of the Games, ensure financial stability for the Olympic movement and create new opportunities to engage with young people around the world.