Track news - AEG gives up IAAF World Cup

Discussion in 'Other Sports' started by Geoduck, Nov 8, 2004.

  1. Geoduck

    Geoduck Member

    Sep 24, 1999
    When will the new host be announced? Does this competition attract much spectator interest?

    http://www.world-track.org/News/ID2543/worldcup.htm

    Spain lines up to host IAAF World Cup
    Saturday October 16, 2004

    Spain could stage the next IAAF World Cup in two years' time after the sport's world governing body revealed the United States had declined the opportunity to stage the 2006 meeting.

    Los Angeles was expected to become the first US city to ever stage a major IAAF competition at the Home Depot Centre in Carson.

    But the local organisers were unable to make a guarantee to the IAAF that taxes would not have be paid on the substantial prize money being offered.

    "In working through the contract terms, we came to an impasse over the withholding of taxes out of the prize money," said Michael Roth, a spokesman for the Anschutz Entertainment Group that owns and operates the Home Depot Center in suburban Carson.

    "We wanted to kickstart the sport where there are so many great athletes. At this time the U.S. is a resource of raw material for the sport but not for major events," he said.

    The IAAF confirmed that Spain, which successfully hosted the last World Cup, has expressed its intention to bid for the event.
     

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