Financial Times FT.com

IOC questions Chicago’s Olympic bid

By Roger Blitz in London

Published: September 3 2009 01:19 | Last updated: September 3 2009 01:19

The International Olympic Committee has raised doubts about the financing of the 2016 Olympics bid by Chicago, the frontrunner among the four cities competing to host the games.

A month before the IOC meets in Copenhagen to choose the host city for the 2016 games, a technical analysis of the bids expres­ses concern that Chicago has failed to provide a blanket guarantee to cover any financial shortfall in its $4.8bn (€3.4bn, £3bn) budget.

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