LA Olympics 2028 bankruptcy fears as officials warn over ‘crippling’ cost of hosting Games

TAXPAYERS could bear the brunt of Los Angeles hosting the 2028 Summer Olympics, claim LA city officials.

Fears have risen after negotiations between City Hall and the Olympics committee to ensure a “zero-cost” Games hit a snag.

Facing budget pressures, the city wants LA28 to sign a contract guaranteeing they will cover all extra costs from the quadrennial showpiece event…

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