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Business Daily

The plan to rescue the Commonwealth Games

Nov 19, 2024
17:29
Snipd AI
After a near collapse, Glasgow steps in to host the 2026 Commonwealth Games with a reimagined, budget-friendly approach. The discussion explores the challenges faced by Glasgow, balancing local needs with the excitement of the Games. It also delves into the struggles of Commonwealth countries in the Global South, highlighting the financial hurdles to hosting. Future hosting possibilities are considered, including a multi-country model, raising questions about the Games' relevance in a modern context while addressing historical inequalities.
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Quick takeaways

  • Glasgow's hosting of the 2026 Commonwealth Games represents a significant shift towards a cost-effective model that aims to encourage broader participation from less wealthy nations.
  • The financial strategy for the Games, emphasizing reduced costs through scaled-back sports and diversified funding, seeks to ensure the event remains accessible and sustainable for the future.

Deep dives

Glasgow Secures Commonwealth Games 2026

Glasgow has been chosen to host the Commonwealth Games in 2026 after the Australian state of Victoria withdrew due to rising costs. This decision is seen as a positive development for Glasgow, which is expected to benefit economically through increased hospitality and tourism. The new approach emphasizes cost-cutting and a downsized model, aiming to create a more sustainable framework for future games. Katie Sadlier, CEO of the Commonwealth Games Federation, outlined the challenges faced during this transition, including negotiating a financial settlement to secure the games amid a tight timeline.

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