How much it costs to host the Olympics – with South Africa looking to bid

Description

Hosting the Olympic Games is expensive for any host city, with a price tag of at least R218 billion (excluding non-sport-related expenses). It proves to be a very high-risk, high-reward venture for prospective countries.

Every four years, billions of people from all corners of the globe tune in to watch what is widely regarded as the epitome of sporting greatness – the Olympic Games...