USOPC considering plan to sell stake in Team USA as LA Olympics approach
US set to host Summer and Winter Olympics USOPC CEO says business model in early stagesThe 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…
US set to host Summer and Winter Olympics USOPC CEO says business model in early stagesThe 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…
Source: The Guardian US — Original report ↗
WorldLine News is displaying a source-attributed brief. Details may evolve. The linked publication is responsible for its original reporting.