Financing the Olympic Movement and the Olympic Games

The Olympic Movement consists of the majority of sport organisations in the world and receives strong financing from the International Olympic Committee (IOC). The IOC distributes 90% of the revenues generated through the Olympic Games, which makes them the engine of world sports. The Organising Committees of the Olympic Games collect additional funds through their Games, which amounted to 11 billion USD in the last financial period of 2017-2020/21. This article sheds light on the complex financial structures and the distribution of the revenues from the Olympic Games, and provides knowledge needed for every stakeholder seeking better funding from the Olympic system. Even though the revenues have continued to increase until now, most sport organisations need more resources to maintain their autonomy and meet the increasing demands, such as better governance, more solidarity, environmental protection, professionalisation, etc.