London Mayor Sadiq Khan has expressed his interest in bidding for the 2040 Olympics as part of his ambitious vision to transform the British capital into a world - leading sports hub. However, reports suggest that Madrid and Munich are also vying for the opportunity to host this prestigious event.
A report set to be released by the Mayor's Office on Monday highlights the economic benefits and tourism boost brought about by the major sports events held in London last year. Six significant events, including the UEFA Champions League final at Wembley Stadium and the IAAF Diamond League, attracted nearly half a million spectators in total, generating £230 million (€268 million) for London's economy.
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Speaking to The Times, Sadiq Khan said, "I love sport and have seen the benefits of hosting sporting events. But I thought what we should do is commission a report to assess the economic impact of these events." Khan emphasized that his long - term goal has always been to solidify London's status as a global sports center. "My ambition has always been to make London the world's sports capital and then cement our position. Whether it's boxing, NFL games, or MLB events; we're in talks with the NBA to bring basketball games to London. I think this is really important. And what this report does is quantify the economic gains we've made."
