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USOPC considering plan to sell stake in Team USA as LA Olympics approach
Source: Sport | The Guardian · Published
US set to host Summer and Winter Olympics USOPC CEO says business model in early stages The US Olympic and Paralympic Committee (USOPC) is in the advanced stages of setting up an entity to sell a stake in the commercial rights for Team USA in return for capital, according to mul
US set to host Summer and Winter Olympics USOPC CEO says business model in early stages The US Olympic and Paralympic Committee (USOPC) is in the advanced stages of setting up an entity to sell a stake in the commercial rights for Team USA in return for capital, according to multiple reports. Any deal would mark a significant shift for the USOPC, a non-profit organization that, unlike many national Olympic committees, relies heavily on sponsorships, licensing and other commercial revenue streams rather than government funding. Continue reading...
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