AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Snipd AI
The Commonwealth Games face a financing challenge for the next edition with no host city. The model of structuring and paying for the Games is considered broken. Some suggest winding up the Games and the Commonwealth itself. Athletes highlight the significance of the Games for their sports and countries. One city that successfully hosted discusses its lasting benefits. The podcast explores the challenges, costs, and potential solutions for hosting the Commonwealth Games.
Read more
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The Commonwealth Games' traditional model of financing and hosting is outdated, unsustainable, and may lead to the event's demise.
- The Commonwealth Games face challenges in finding broadcasters and generating TV revenue, slipping behind in terms of global viewership and failing to fulfill promised economic and sporting benefits.
Deep dives
High costs and financial challenges threaten the future of the Commonwealth Games
The Commonwealth Games, which has faced financial challenges and high costs, is in crisis without a host for its next edition in 2026. The budget for hosting the games in Victoria, Australia was originally estimated at $2.6 billion, but has now increased to at least $6 billion and potentially as high as $7 billion. The financing of the games largely relies on the local city, which struggles to cover the costs through ticket sales and local sponsors alone. The traditional model of hosting big sporting events like the Commonwealth Games is outdated, unsustainable, and may lead to the event's demise.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode