New IOC president wants to change Olympic bidding

FREDERICK BERNAS (Associated Press)
The Associated Press

BUENOS AIRES, Argentina (AP) -- Newly elected IOC President Thomas Bach says he wants to change the bidding process for future Olympics and make sustainable development a key priority.

In what could be seen as a reference to discontent in Brazil at the spiraling cost of two major sporting competitions - the 2016 Olympics and the 2014 World Cup - Bach says he wants the populations of potential host cities to ''be part of the candidature at a very early stage'' to ensure ''more participation and support.''

Madrid's unsuccessful bid for the 2020 Games faced criticism as Spain grapples with a double dip recession and 27 percent unemployment.

The 2014 Winter Olympics in Sochi, Russia, will run up a budget of more than $50 billion - the most expensive games to date.