Olympic executives cash in on a 'Movement' that keeps athletes poor |
By Will Hobson |
Where all that Olympic money goes View Graphic Where all that Olympic money goes Its members call it, with an almost religious conviction, "the Olympic Movement," or "the Movement" for short, always capitalized. At the very top of "the Movement" sits the International Olympic Committee, a nonprofit run by a "volunteer" president who gets an annual "allowance" of $251,000 and lives rent-free in a five-star hotel and spa in Switzerland. |
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