The International Olympic Committee has announced that Los Angeles, United States has agreed to host the 2028 Olympics and Paralympics.
That means that Paris, France will host the 2024 Olympics. The next Olympics are in 2020, hosted by Tokyo, Japan.
The IOC on Monday released the Host City Contract 2028 following the declaration of candidature by the Los Angeles Olympic and Paralympic Candidature Committee for the Olympic Games 2028.
The IOC stipulated that it will make contributions to the Organising Committee representing an overall estimated value of US$ 1.8-billion.
In comparison to the Host City Contract 2024, the IOC is making two major changes: the IOC will advance funds to a Los Angeles Organising Committee in view of the longer planning period and to increase participation and access to youth sports programmes in the City of Los Angeles in the years leading up to the Games.
IOC President Thomas Bach said: ‘The IOC welcomes this decision of the Los Angeles Olympic and Paralympic Candidature Committee and we are pleased to release the Host City contract 2028 in a transparent and timely manner,’
‘Los Angeles presented an excellent candidature that embraces the Olympic Agenda 2020 sustainability priorities by maximising the use of existing facilities and encouraging the engagement of more youth in the Olympic Movement. Therefore, we are very happy that, as part of this Host City Contract, we are able to increase the access of the city’s youth to sport, and encourage the healthy lifestyle of Angelenos for the next 11 years.
’We are very confident that we can reach a tripartite agreement under the leadership of the IOC with LA and Paris in August, creating a win-win-win situation for all three partners. This agreement will be put forward to the IOC Session in Lima in September for ratification.”
The IOC will continue to work in close collaboration with Los Angeles in the lead-up to the possible ratification of the tripartite agreement by the full IOC membership at the 131st IOC Session in Lima, Peru in September this year.
The latest news means that both Paris and Los Angeles will have hosted the Olympics for a third time. Paris hosted the 1900 and 1924 versions of the global sporting spectacle while LA first hosted the Games in 1932 and then as recently as 1984.
The Paris Games will come 100 years after the French city last hosted them.