- 09 Sep 2010
- IOC News
Joint Statement from the IOC and U.S. Olympic Committee
The International Olympic Committee (IOC) and the United States Olympic Committee (USOC) have reached agreement on a significant financial contribution from the USOC to resolve the Games’ costs issue.
During a very productive and amicable meeting at the Youth Olympic Games in Singapore last month, the two sides also agreed to establish a process to accelerate talks on the outstanding issue of revenue sharing.
The agreement followed fruitful discussions in Denver, Colorado, last year and at the Vancouver 2010 Olympic Winter Games this February. The IOC and USOC delegations have pledged to continue working in a constructive manner and in a spirit of good faith and cooperation.