Milan-Cortina Games Faces €310 Million Deficit As IOC Rejects Additional Funding

The organizing committee of Italy’s Milan-Cortina d’Ampezzo Winter Games is confronting a severe financial crisis, with a total funding gap of 310 million euros amid rising costs and underperforming revenues. The International Olympic Committee has firmly refused to offer additional financial aid, stressing that the host committee bears full fiscal responsibility for all operational losses.