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Search resuls for: "Commonwealth Games Federation"


4 mentions found


SYDNEY, Aug 19 (Reuters) - Australia's Victoria state will pay A$380 million ($243 million) to Commonwealth Games organisers, Victoria Premier Daniel Andrews said on Saturday, after it withdrew as 2026 event host citing a projected cost blowout. In a joint statement issued by Andrews on Saturday, the Commonwealth Games Federation, Commonwealth Games Federation Partnerships, Commonwealth Games Australia and Victoria said they had "settled all their disputes regarding the cancellation of the multi-hub regional Victoria 2026 Commonwealth Games". "The State of Victoria has agreed to pay the Commonwealth Games parties ... AUD $380 million," the statement said. "The parties also agreed that the multi-hub regional model was more expensive to host than the traditional models." ($1 = 1.5620 Australian dollars)Reporting by Sam McKeith in Sydney; Editing by Sonali PaulOur Standards: The Thomson Reuters Trust Principles.
Persons: Victoria Premier Daniel Andrews, Andrews, Victoria, Sam McKeith, Sonali Paul Organizations: SYDNEY, Commonwealth Games, Victoria Premier, Victoria, Commonwealth Games Federation, Commonwealth Games Federation Partnerships, Commonwealth Games Australia, Thomson Locations: Victoria, Alberta, Sydney
But the future of the Games was thrown into doubt on Thursday when the province of Alberta withdrew its support for a bid, dealing another blow to the embattled Commonwealth Games Federation (CGF). Victoria withdrew due to projected cost overruns, with Commonwealth Sport Canada saying it believed the Australian state's decision had prompted Alberta's pullout. The expense to host a Commonwealth Games in any country is significant," Cary Kaplan, president of Canadian marketing firm Cosmos Sports & Entertainment, told Reuters. MARKET DISPARITYDespite the disparity, Payne said the Commonwealth Games could not be written off. "That will in turn erode the relevance of the Games unless the Commonwealth Games steps up its marketing and branding efforts in the years ahead.
Persons: Matthew Klugman, Victoria, Alberta's pullout, Cary Kaplan, Klugman, Michael Payne, Payne, Kaplan, Queen Elizabeth, Rich, Karolos Grohmann, Aadi Nair, Ed Osmond Organizations: Commonwealth, Commonwealth Games Federation, Victoria, Games, Reuters, Commonwealth Sport Canada, Commonwealth Games, Cosmos Sports & Entertainment, European, Birmingham Commonwealth Games, Paris Olympics, Olympic Committee, Olympic, Birmingham, Thomson Locations: Canada, Alberta, Hamilton , Ontario, COVID, Australia, Great Britain, Britain
Brisbane, Australia CNN —The Australian state of Victoria has canceled plans to host the 2026 Commonwealth Games after the predicted cost of the international sporting event blew out three times original estimates, state authorities said Tuesday. That is all cost and no benefit.”The Commonwealth Games is a multi-sport event involving thousands of athletes representing 72 Commonwealth countries and territories, held every four years. In a statement Tuesday, the Commonwealth Games Federation said the decision was “hugely disappointing for the Commonwealth Sport Movement,” and suggested that Victorian authorities hadn’t previously raised cost concerns. John Sibley/Reuters/FILEThe Federation said decisions the state had made concerning sports and venues had “added considerable expense, often against the advice of the Commonwealth Games Federation (CGF) and Commonwealth Games Australia (CGA).”The Federation said it was “taking advice on the options available” and remained committed to finding a solution so the Games could go ahead. Instead of hosting the Games, Victoria will build at least 1,300 affordable homes and the permanent sporting facilities it had promised in an effort to boost regional tourism and events, Andrews said.
Persons: Premier Daniel Andrews, “ I’ve, , Victoria, hadn’t, Vanessa Amorosi, John Sibley, , Andrews Organizations: Australia CNN, Premier, Commonwealth, Games, Commonwealth Games Federation, Commonwealth Sport Movement, Government, Commonwealth Games Australia, Geelong Locations: Brisbane, Australia, Victoria, Melbourne, Birmingham, England, Bendigo, Ballarat, Gippsland, Shepparton
MELBOURNE, July 18 (Reuters) - Australia's state of Victoria will not host the 2026 Commonwealth Games due to projected cost overruns, placing the future of the quadrennial multi-sport event in doubt. "Frankly A$6-A$7 billion for a 12-day sporting event, we're not doing that," Andrews said at a media conference. Andrews said Victoria had already informed the global Commonwealth Games Federation (CGF) but the cost of breaking the 2026 contract had yet to be decided. The CGF did not provide immediate comment but local body Commonwealth Games Australia (CGA) said the pull-out was "beyond disappointing". The Australian Olympic Committee (AOC), which had spoken of the 2026 Games as a "runway" for hosting the 2032 Brisbane Olympics, said it was "an enormous disappointment" for the athletes.
Persons: Victoria Premier Dan Andrews, we're, Andrews, Victoria, Craig Phillips, John Coates, Chris Minns, CGF, Ian Ransom, Christian Schmollinger, Stephen Coates, Peter Rutherford Organizations: MELBOURNE, Victoria Premier, Commonwealth Games Federation, Commonwealth Games Australia, First Nations Australians, Birmingham, Australia, Games, Australian Olympic, New Zealand Olympic, Olympic, Sydney, South, Thomson Locations: Victoria, Australia, Britain, South Africa, Coast, Geelong, Ballarat, Bendigo, Gippsland, New South Wales, NSW, South Australia, Western Australia, Hamilton
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