Madrid is planning another bid to host the Summer Olympics, hoping the potential revenue will help the city through the financial crisis. Tokyo is also throwing its hat in the ring.
A German newspaper has reported that the International Olympic Committee is planning to donate towards a Munich monument for the attack on the Israeli team at the 1972 summer Olympics.
Tokyo has been chosen to host the 2020 summer Olympics. The Japanese capital beat out Istanbul and Madrid, and fought off concerns surrounding radioactive leaks from the Fukushima nuclear plant.
The IOC has announced that Tokyo is to be the host of the 2020 Olympic Games. Candidate city Madrid was ruled out in the first round of voting and Istanbul lost out in the final round.
The IOC has the difficult task of choosing the host city for the 2020 Olympic Games at their meeting this weekend. The race is close, but one candidate may be a small step ahead of the others.
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