Categories: Sports

Mindport had the money ready and didn’t transfer, what happened?

Columbia lost headquarters 2027 Pan American Games, who were assigned BarranquillaFor failure to make the first payment by December 31, 2023. This Friday, ‘La W’ released a document that is responsible for the commitment that Ministry of Sports To transfer money.

(You may also be interested in: New chapter in Pan American Games case: Mexico wants to host in 2027)

“By this letter I inform you that Panam Sports withdraws organization of XX

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2027 Pan American Games (the “Games”) of the Republic of Colombia;

Atlantico Department of Colombia, Barranquilla City and Committee

Colombian Olympic Games and ending on this date, January 3, 2024, the Host City Agreement of the XX Pan American Games of the year 2027, on August 27, 2021, (“Host City Agreement”) the withdrawal and termination of which corresponds to this

Terms and provisions of the Host City Contract, particularly Article 76

himself,” said Panam Sports.

The entity gave the country 90 days to pay the $8 million owed. They will be paid in two installments: 4 million to be paid before December 30 and another 4 before January 30, to guarantee that the country can hold the Games, considering that Paraguay’s Asuncion was also an applicant.

However, the first payment could not be made, so Panam Sport took a tough decision this Wednesday.


What happened to the money?

The loss of games remains in the eye of the storm. A document from the Organizing Committee of the Games and published by ‘La W’ shows that The Sports Ministry claimed they had the resources to turn them around.

Minutes signed on November 7, 2023 show that the minister Astrid Rodriguez

He claimed $8 million to finance the Games, which was to be transferred to Panam Sports.

“Minister Astrid Rodríguez reiterates that the Ministry has 8 million dollars, which should be transferred in December, and proposes the Colombian Olympic Committee as a temporary operator to be able to transfer those resources.” says the document.

The management of resources by the Olympic Committee was also unanimously approved, as stated in Minute No. 01, which names the Organizing Committee.

Besides, David GarzonThe Secretary General of the Ministry pointed out that 60% of the project financing was presented to the National Government.


Mexico wants to host the Games

Samuel GarciaThe governor of the city of Nuevo León (Mexico) has launched his interest in hosting the 2027 Pan American Games and has asked citizens through social networks if they should organize the most important games on the continent.

“As you can see? Should we bring the 2027 Pan American Games to Nuevo Leon? “I read them!!!” Garcia said on his official X account (formerly Twitter).

It is worth remembering that Nuevo León will host the 2026 World Cup in the United States, Mexico and Canada. Taking advantage of the fact that the city must have ideal infrastructure to host an orbital event, the governor proposed hosting the Pan American Games.

Pablo Romero

Sports

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