UEFA CHAMPIONS LEAGUE

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The UEFA Champions League is an annual club football competition organized by UEFA for the top football clubs in Europe. It involves 32 teams divided into 8 groups, with the winners and runners up of each group advancing to a knockout stage tournament to determine the winner. The competition began in the 1950s and has grown significantly in prestige, prize money, sponsorship, and media coverage over the decades.

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The UEFA Champions League……
When did it all begin?

TOURNAMENT
32 teams , divided into 8 groups

1)Cost of Olympic Games 2) Overview First Olympic in 1896 in Athens 2012 Summer Olympics - 26 sports, 10568 Athletes, 204 Nations 2014 Winter Olympics -7 sports, 2873 Athletes, 88 Nations Governing Body: International Federation (IF) International Olympic Committee (IOC): sports, disciplines and events. London 2012 US$14.8 billion Source: www.theguardian.com/sport/2012/oct/23/london-2012-olympics-cost-total Sochi 2014 Estimated US$51 billion Source: www.theguardian.com/sport/blog/2013/oct/09/sochi-2014-olympics-money- corruption 3) Cost Bidding 5 out of 9 cities selected for bidding by IOC on 18 May 2004 Hosting Fee in 2012: U.S $150,000 London won the right to host the 2012 Games with 54 votes to Paris' 50 4) Cost Bidding Graph 5)Costs for Hosting Operational Costs (OCOG) Technology Costs Workforce Costs Administration Costs Transportation Costs Catering & Medical Services Security costs Non-Operational Costs (Non-OCOG) Direct Olympic Villages International Broadcast Centre Media & Press Centre Indirect Infrastructure Hotel Upgrade Costs 6)Cost of Olympic Games 7) Cost OverRun 8)Economic impact of OLYMPIC GAMES 1. Identifying the impact 2. Evidence from the past games 3. ATHENS & outlook of Greek Economy 9) -GDP & Employment Impact 10) ATHENS-Slowdown Economy Smallest Country. Total cost EXCEEDS Estimate cost leads to Downfall. Even the villages lands are used to conduct OLYMPICS. Widening Government Budget Deficit. 11) Scam 2014 Sochi Russia

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