If the International Olympic Committee thought the bidding process changes in its Agenda 2020 reforms would end the negativity about the prospect of hosting the Summer or Winter Games, it has been sadly mistaken.

The frightening new financial projections about the cost of the 2020 Tokyo Summer Games and Rome’s withdrawal from the 2024 Summer Games race on financial grounds make it clear the IOC still has a long way to go in convincing citizens of democracies that taking on the ever-more-bloated Olympic Games is worth the time, money and hassle.