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Report: Australian Olympic bid not ‘realistic in the short term’

John Coates

John Coates, President of the Australian Olympic Committee (AOC), announces the findings of a probe into the conduct of Australia’s swimming team members in the run-up to the 2012 London Games, at a media conference in Sydney August 23, 2013. Six top Australian swimmers have been warned against their future conduct and risk being excluded from the 2016 Olympics, including world 100 metres freestyle champion James Magnussen. He and his 4x100 metres relay team mates were fined and given deferred suspensions in April for using a banned sedative and indulging in pranks in a bonding session before the Games. REUTERS/David Gray (AUSTRALIA - Tags: SPORT OLYMPICS SWIMMING)

REUTERS

The Sydney 2000 Olympics are looked back upon fondly as one of the greatest Games of all time.

In fact, then-International Olympic Committee president Juan Antonio Samaranch called them the “best ever” at the closing ceremony. Samaranch’s successor, Jacques Rogge, did not go that far in his closing statements at any of the last six Olympics.

Hold onto the memories of Sydney, because Australia reportedly isn’t interested in bidding for the Olympics again any time soon. New IOC vice president John Coates of Australia told The Australian he didn’t believe another bid was realistic in the short term.

“It is a big call to underwrite $75 million,” said Coates, explaining that successive governments may have to fund such bids for a decade before a triumphant result. “That’s a lot of money, and I would rather see that amount go to sport instead.”

Australia hosted the Olympics in Melbourne in 1956 prior to Sydney in 2000. Brisbane had expressed interest of hosting a Games in recent years -- there’s even a Facebook page for Brisbane 2024 with some 500 likes -- but that now appears unlikely.

IOC elects new president to succeed Rogge (video)

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