City ref­er­en­dum on Bu­dapest 2024 Olympic bid aban­doned

Malta Independent - - SPORT -

Pe­ti­tion­ers say they have aban­doned an at­tempt to hold a city­wide ref­er­en­dum on Bu­dapest's bid to host the 2024 Olympics.

In­ves­tiga­tive jour­nal­ist Katalin Erde­lyi says late no­tice from au­thor­i­ties left lit­tle time to gather the 140,000 sig­na­tures needed to force a vote.

She adds, how­ever, that a court de­ci­sion on their ap­peal seek­ing ap­proval for a na­tion­wide vote on the is­sue is ex­pected by midJan­uary. Crit­ics say the Olympics are too ex­pen­sive, with a large risk of cor­rup­tion. A fea­si­bil­ity study es­ti­mated costs at 1.074 tril­lion forints ($3.6 billion), with net costs after the sale of venues and other rev­enues cal­cu­lated at 774 billion forints ($2.6 billion).

Los An­ge­les and Paris are the other bid­ders. The In­ter­na­tional Olympic Com­mit­tee will se­lect the host city in Septem­ber 2017.

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