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Politicians’ Personal Legacies from Olympic Bids and Referenda—An Analysis of Individual Risks and Opportunities

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  • Thomas Könecke

    (Policy in Sports & Physical Activity Research Group, KU Leuven, 3001 Leuven, Belgium
    iCERIS (Interdisciplinary Centre for Ethics, Regulation and Integrity in Sport), KU Leuven, 3001 Leuven, Belgium)

  • Michiel de Nooij

    (Michiel de Nooij Economic Research and Advice, Laan van Broekhuijzen 23, 3981 XA Bunnik, The Netherlands)

Abstract

The popularity of staging Olympic Games has dropped in democratic countries as a series of failed referenda and withdrawn bids as well as protests against mega sport events have shown in recent years. Nevertheless, the there still are democratically elected office-holders willing to become involved in an Olympic bid despite the high probability of public opposition and the threat of an almost unwinnable referendum. This conceptual study analyses the individual risk management that these politicians have to concern themselves with because of their involvement in Olympic bids and referenda. It does so by looking at possible ‘personal legacies’ the politicians can obtain. It is interesting to note that although the size of such legacies will vary, they can result irrespective of the outcome of a bid or a referendum and can have positive, negative, or neutral effects for the politician(s) in question. As will be shown, personal legacies can also be obtained by opponents of Olympic bidding ambitions, which is not the only finding that is problematic particularly for the IOC and National Olympic Committees interested in hosting Olympic Games or other sport events.

Suggested Citation

  • Thomas Könecke & Michiel de Nooij, 2022. "Politicians’ Personal Legacies from Olympic Bids and Referenda—An Analysis of Individual Risks and Opportunities," JRFM, MDPI, vol. 15(12), pages 1-20, December.
    • Handle: RePEc:gam:jjrfmx:v:15:y:2022:i:12:p:594-:d:1000214
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    References listed on IDEAS

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    2. Giles Atkinson & Susana Mourato & Stefan Szymanski & Ece Ozdemiroglu, 2008. "Are We Willing to Pay Enough to `Back the Bid'?: Valuing the Intangible Impacts of London's Bid to Host the 2012 Summer Olympic Games," Urban Studies, Urban Studies Journal Limited, vol. 45(2), pages 419-444, February.
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    5. Amy Rundio & Bob Heere, 2016. "The battle for the bid: Chicago 2016, No Games Chicago, and the lessons to be learned," Sport Management Review, Taylor & Francis Journals, vol. 19(5), pages 587-598, December.
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    Cited by:

    1. Ine Hugaerts & Holger Schunk & Thomas Könecke, 2023. "Environmental Sustainability as Factor for Mega Sport Event Support—Empirical Evidence Regarding the Olympic Games and the Football World Cup," World, MDPI, vol. 4(3), pages 1-13, July.

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