Brisbane 2032 Marks 10 Years Out from Summer Olympics

President of the International Olympic Committee Thomas Bach announces Brisbane as the 2032 Summer Olympics host city during the 138th IOC Session at Hotel Okura in Tokyo, July 21, 2021. (AP)
President of the International Olympic Committee Thomas Bach announces Brisbane as the 2032 Summer Olympics host city during the 138th IOC Session at Hotel Okura in Tokyo, July 21, 2021. (AP)
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Brisbane 2032 Marks 10 Years Out from Summer Olympics

President of the International Olympic Committee Thomas Bach announces Brisbane as the 2032 Summer Olympics host city during the 138th IOC Session at Hotel Okura in Tokyo, July 21, 2021. (AP)
President of the International Olympic Committee Thomas Bach announces Brisbane as the 2032 Summer Olympics host city during the 138th IOC Session at Hotel Okura in Tokyo, July 21, 2021. (AP)

Brisbane 2032 Olympic officials staged an event Saturday that not many other previous host cities have had the opportunity to celebrate: 10 years out until their Games begin.

The east coast Australian city and capital of Queensland state was awarded the 2032 Games a year ago after the International Olympic Committee rubber-stamped an earlier recommendation from its Executive Board.

Brisbane was the first city to be awarded a Games under the IOC's revamped procedure for choosing host cities which saw a small group of IOC members identify and propose host cities to the board.

Previously Games had been awarded to both Summer and Winter Games hosts seven years out from them being held -- although at an IOC session in 2017, the IOC chose both Paris (2024) and Los Angeles (2028) as future host cities.

The Brisbane Games are scheduled to be held from July 23 to Aug. 8, 2032 in Brisbane and in coastal communities south on the Gold Coast and north on the Sunshine Coast.

On Saturday, the Australian Olympic Committee held a family fun day with the public along the riverfront in downtown Brisbane with a slogan “Our Time Starts Now.”

“That’s how we look at the incredible opportunities over the next decade,” AOC chief executive Matt Carroll said in a statement. “We have talked about more than 30 major international sporting events coming to Australia and community infrastructure coming on-line in the decade ahead.”

The Brisbane organizing committee is still composed of only a skeleton staff but officials hope to name a fulltime chief executive officer by the end of this year. Current plans are for six new venues and eight redeveloped facilities among 22 competition sites.

Australia last staged the Summer Olympics in 2000 at Sydney and hosted the Games for the first and only other time in Melbourne in 1956.



No Premier League Clubs Charged with 2021-2024 PSR Breaches

Soccer Football - Premier League - Manchester City v Everton - Etihad Stadium, Manchester, Britain - December 31, 2022 General view of a Premier League branded ball inside the stadium before the match REUTERS/Phil Noble/File Photo
Soccer Football - Premier League - Manchester City v Everton - Etihad Stadium, Manchester, Britain - December 31, 2022 General view of a Premier League branded ball inside the stadium before the match REUTERS/Phil Noble/File Photo
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No Premier League Clubs Charged with 2021-2024 PSR Breaches

Soccer Football - Premier League - Manchester City v Everton - Etihad Stadium, Manchester, Britain - December 31, 2022 General view of a Premier League branded ball inside the stadium before the match REUTERS/Phil Noble/File Photo
Soccer Football - Premier League - Manchester City v Everton - Etihad Stadium, Manchester, Britain - December 31, 2022 General view of a Premier League branded ball inside the stadium before the match REUTERS/Phil Noble/File Photo

No English top-flight clubs have been charged for breaches of Profitability and Sustainability Rules (PSR) for the period 2021-2024 although Leicester City remain at risk pending the outcome of an ongoing legal case.

Clubs that had reported losses in the initial two years of the current three-year period were obligated to submit their accounts for the 2023-24 season to the Premier League by Dec. 31. Losses should not exceed 105 million pounds over a rolling three-year period, according to the league's PSR rules.

Everton and Nottingham Forest were both sanctioned last season for breaches of PSR rules and were docked eight and four points respectively.

Leicester, who were promoted last season from the Championship but are currently 19th in the table, avoided a points deduction against a charge in September relating to the three years until the end of the 2022-23 season, Reuters reported.

The club's appeal against the charge was upheld on the basis that an independent commission ruling on the case did not have jurisdiction because Leicester's accounting period ended when the club had already been relegated to the second tier.

"Issues as to the jurisdiction of the Premier League over Leicester City Football Club in relation to PSR compliance are currently the subject of confidential arbitration proceedings," the Premier League and Leicester said in a joint statement on Tuesday.

"Accordingly, neither the League nor the club will make any further comment at this stage about any aspect of the club's compliance or otherwise with any of the PSR or related Rules, save to say that no complaint has been brought against Leicester by the League for any breach of the PSRs for the period ending Season 2023/24."

No English top-flight clubs have been charged for breaches of Profitability and Sustainability Rules (PSR) for the period 2021-2024 although Leicester City remain at risk pending the outcome of an ongoing legal case.

Clubs that had reported losses in the initial two years of the current three-year period were obligated to submit their accounts for the 2023-24 season to the Premier League by Dec. 31. Losses should not exceed 105 million pounds over a rolling three-year period, according to the league's PSR rules.

Everton and Nottingham Forest were both sanctioned last season for breaches of PSR rules and were docked eight and four points respectively.

Leicester, who were promoted last season from the Championship but are currently 19th in the table, avoided a points deduction against a charge in September relating to the three years until the end of the 2022-23 season.

The club's appeal against the charge was upheld on the basis that an independent commission ruling on the case did not have jurisdiction because Leicester's accounting period ended when the club had already been relegated to the second tier.

"Issues as to the jurisdiction of the Premier League over Leicester City Football Club in relation to PSR compliance are currently the subject of confidential arbitration proceedings," the Premier League and Leicester said in a joint statement on Tuesday.

"Accordingly, neither the League nor the club will make any further comment at this stage about any aspect of the club's compliance or otherwise with any of the PSR or related Rules, save to say that no complaint has been brought against Leicester by the League for any breach of the PSRs for the period ending Season 2023/24."