Thursday, November 19, 2009

The Olympic monopoly and why it harms sport

The howls of outrage from the Olympic movement over David Crawford's report into the future of Australian sport reflect the fact that Crawford has made some telling points in his analysis of how sport is funded in this country.

The report was described this week by the Australian Olympic Committee chief, John Coates, as poorly informed and an insult to past Olympic champions, but it is exactly what the Federal Government sought when it appointed Crawford to do the job: an analysis of sports funding from a business perspective.

And one of the things it highlights is the fact that Australian taxpayers are subsidising a global sporting franchise. source: http://www.smh.com.au/business/the-olympic-monopoly-and-why-it-harms-sport-20091119-iowz.html

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