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Summer Youth Olympic Games 2018

Last week the most promising future prospects in the professional world of sports got together in Buenos Aires, Argentina, for the third Summer Youth Olympic Games (YOG). In this 12-day celebration of sport, 3,997 athletes between the age of 15 to 18 baffled the world with their outstanding abilities.

The YOG was established in the year 2010, with the intention to reignite interest in Olympic sport among the generation that has worrying statistics on obesity. Their mission is to educate, engage and influence young athletes, and inspire them to play an active role in their communities. With a staggering number of 1,001,4596 spectators, a figure that exceeded both Singapore in 2010 and Nanjing in 2014, this all seems to fall into place.

Nevertheless, collecting teenagers and young adolescents from all over the world requires financial support. Financing flights, accommodation, pre-participation screenings, additional coaching, training and dietary needs of 3,997 athletes seems impossible to realize for the International Olympic Committee (IOC), and in fact, it is.

However, the maximum price of USD 170 (in USD 2018) per person per day, including full board, taxes and commissions, are guaranteed by the city of Buenos Aires and the Argentine Olympic Committee. All the other costs are athletes’ own expenses. And considering that the athletes themselves dedicate their juvenile life to the sport they love, they generally don’t have the financial capacity to pay them, so the burden is mostly carried by their parents. As mentioned in one of our previous blogs, there are many cases, where parents spend thousands of dollars on youth sport, and in the end still have to pay for college.

In a report of the IOC Working Group, an overview has been made, that gave the youth athletes inside information on the Youth Olympic games in Buenos Aires. From that document, an overview of the accommodation costs was retrieved, that shows the prices in US dollars per day, including breakfast and taxes.

According to the table, the costs for a single room in this residence amounts 181 USD per night. An amount that can provide you with a superior room in a 5-star hotel in London. Luckily, the maximum price of USD 170 per person per day is offered to the athletes so the accommodation is somewhat covered. In regard to parents, a supportive “vacation” can quickly escalate in costs giving them a glance of the future and the costs that are accompanied by the sporting success of their child. Fortunately, we at SportyCo are well aware of these accumulating costs and found a way to effectively make high-performance sports more entertainable, not just for young athletes, but also for their parents.  

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