Upload

Loading...

Why the Sochi Olympics are the Most Expensive in History

1,599,053

Loading...

Loading...

Transcript

The interactive transcript could not be loaded.

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Feb 6, 2014

Like VICE News? Subscribe to our news channel: http://bit.ly/Subscribe-to-VICE-News

Check out more of VICE News here: http://bit.ly/PILfBe

The Olympics are as much about money as they are about sports. Between broadcasting rights, merchandising, sponsorships and construction of the Olympic venues themselves, there's a lot of money to be made. In the case of Russia's Winter Olympics in Sochi, there's more money to be made than ever before, especially if you're a friend of President Putin.

The 2014 Winter Games have cost Russia about $50 billion, making them the most expensive in history. Corruption watchdogs say it's ordinary Russians who will end up footing the bill for this excess, not private investors as Putin has suggested.

We went to Sochi to investigate the claims of corruption and kickbacks, tour some of the most expensive Olympic venues ever built, and talk to Sochi residents who have been pushed aside to make room for Putin's man-made mountains of money.

To keep up with Simon's coverage of the Olympics on VICE News through February, follow him on Twitter: @simonostrovsky - https://twitter.com/SimonOstrovsky

Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News

http://vicenews.com

Follow VICE News here
Facebook: https://www.facebook.com/vicenews
Twitter: https://twitter.com/vicenews
Tumblr: http://vicenews.tumblr.com/

Loading...

Advertisement
When autoplay is enabled, a suggested video will automatically play next.

Up next


to add this to Watch Later

Add to

Loading playlists...