Olympic Solidarity - the Movement’s “complex but simple” cash distribution machine

Olympic Solidarity - the Movement’s “complex but simple” cash distribution machine

For every $6 (£3.70/€5.20) of revenue from the sale of broadcasting rights to the Games that the International Olympic Committee (IOC) collected in its last four-year cycle, $1 (£0.60/€0.90) is being channelled via Olympic Solidarity (OS) on its way back out.

This amounted to $663 million (£470 million/€590 million) from rights for that Vancouver 2010 and London 2012 quadrennium - a substantial wad of cash by any reckoning.