Saturday 30 July 2016

Just posted - Rio Olympics: Olympic executives cash in on a ‘Movement’ that keeps athletes poor

Olympic executives cash in on a 'Movement' that keeps athletes poor
 
Rio Olympics
Olympic executives cash in on a 'Movement' that keeps athletes poor
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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