MEMBERSHIP PROCESS OF ISTANBUL IN 2020 OLYMPIC GAMES AND ECONOMIC INVESTMENTS

The Olympic Game is an expensive and costly sport organization with the participation of athletes, journalists, broadcasters and sportsmen and audiences. This cost can be born only by developed countries and this enables introduction of home countries, increase of tourism activities and acquisition of sports facilities. Membership of Istanbul for 2020 Olympic Games is the first sport organization membership officially announced by prime minister of Turkish government. Therefore the support was obtained by every branch of Turkish Government for 2020 membership of Istanbul. When the Olympics are regarded as the experience of sport organizations throughout the world, it increases the value of Istanbul on earth more and more. Istanbul has hosted more than twenty international sports events in the last few years and has gained serious experience about this field. Condition of sports facilities, geographical location of city, climactic features, accommodation facilities, medical services, security, legal issues, support of government and public, financial issues are among the membership criteria of IOC. Istanbul, Tokyo and Madrid compete with each other according to these features. It is clear that the most important factor in membership would shoe parallelism with the economy of nation. In this study, endeavors of Istanbul for membership process of 2020 Olympic Games and economic investments will be analyzed