CITY OF PHILADELPHIA OPTS OUT OF 2024 OLYMPIC BID PROCESS

Philadelphia, May 28, 2014 – The City of Philadelphia released a letter sent by Mayor Michael A. Nutter to officials with the United States Olympic Committee, informing them of the City’s decision not to pursue the bidding process to host the 2024 Summer Olympic Games.  Mayor Nutter noted the City’s intent to focus on bidding for and hosting other major events in the future.

“For more than a year, our team has worked with the USOC and numerous regional stakeholders to determine the feasibility of Philadelphia bidding on the 2024 Summer Olympic Games. This included lengthy research and discussions with technical experts to identify sites and venues, as well as to gain a better understanding of the financial realities in all stages of the process,” said Mayor Nutter.  “After this research phase, including visits and conversations with past Olympic host cities, our team has determined that Philadelphia will not present a bid for the 2024 Summer Olympic Games. However, we do believe that Philadelphia has what it takes to bid on and host an Olympic Games in the future, and will continue to foster our successful working relationship with the USOC and support their efforts.”

David L. Cohen, Executive Vice President, Comcast Corporation, and one of the advisers to the team exploring the feasibility of hosting the Olympics said, “I fully support the decision for Philadelphia not to pursue a 2024 Olympic bid at this time.  We’ve looked closely at this opportunity over the past year with the City and a number of other key stakeholders, and agree that the timing is not right for Philadelphia.  We are very confident that we are on a short list of U.S. cities that can ultimately deliver an incredibly successful Games, and intend to continue down our current path towards Philadelphia one day bidding on and securing the Olympics for our city, state and region.”

 

READ LETTER

Posted in Mayor's Press Releases, Press Release
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