The fate of the 1984 Olympic Games has finally been settled. After months of wrangling?
The fate of the 1984 Olympic Games has finally been settled. After months of wrangling over financial liability, an Olympic organisation from the United States city of Los Angeles has decided to take responsibility for mounting the Games. The International Olympic Committee originally said January the twenty-ninth this year was the deadline for conclusion of the agreement. But they had to postpone the signing ceremony because of a dispute between the Los Angeles organisers of the Games and the United States Olympic Committee over financial responsibility.
SYNOPSIS: The deal was finally settled in Lausanne, Switzerland, at the International Olympic Committee.
Count Jean de Beaumont of France -- who signed on behalf of the IOC -- described the conclusion of the contract as a great success, the culmination of Patient and lengthy negotiations.
Other signatories of the three-sided accord were Bob Kane, President of the U.S. Olympic Committee, and Rodney Rood -- vice president of a private organising committee from Los Angeles, which will stage the games.