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London Eyes 2040 Olympics Bid Backed by Mayor Khan and £230M Impact Report

Mayor Sadiq Khan officially supports London’s bid to host the 2040 Olympic Games, citing economic benefits and sustainable use of 2012 venues, though formal discussions and government funding remain pending.

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Khan’s Olympic and Paralympic bid would recommend making use of the facilities built for London 2012
Sadiq Khan, Mayor of London, speaks during an event in central London to celebrate the start of Ramadan, Britain, February 26, 2025. REUTERS/Temilade Adelaja/File Photo
A bid for a future games would surely be strengthened by the existing infrastructure from 2012

Overview

  • Mayor Sadiq Khan has endorsed London’s ambition to host the 2040 Olympic and Paralympic Games, aiming to make it the first city to host the Summer Games four times.
  • A new report from the Mayor’s office reveals that six major sporting events in 2024 generated £230 million for London’s economy and attracted nearly 500,000 spectators.
  • London’s bid strategy emphasizes sustainability by repurposing existing 2012 Olympic venues like the Aquatics Centre and Velodrome for a cost-effective and green Games.
  • A formal bid for the 2040 Olympics has not yet been submitted, as securing £45 million in government funding remains a critical hurdle.
  • London is also pursuing a bid for the 2029 World Athletics Championships, which is seen as a potential springboard for the Olympic bid, amid competition from Saudi Arabia and India for future Games.