5 Biggest financial disasters in Olympic history

#4 Moscow (Chemists Games vs Olympics games) - 1980

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of 1980 Olympics

Firstly the boycot of games by Jimmy Carter, the 39th president of the USA solely on the basis of the Soviet invasion of Afghanistan was the bad omen. Secondly, the ripple effect of USA withdrawal from the Olympics Games caused 64 other withdrawal from the Olympics and a few among participants chose to march under the Olympic flag in order to show them criticism.

As a result, only 80 nations participated in the Games. Games were overall topped by the Soviet Union, followed by the German Democratic Republic, subsequently by Bulgaria, and then Cuba. Spirit of the Games was severely under attack as most of the victors were on drugs, took heavy steroids and amphetamines.

Later revelations shocked everyone when few dope programs were found to be state-sponsored. This nefariousness later earned the apt title of 'CHEMISTS OLYMPICS'. The first documented case of blood doping was recorded in 1980 Olympics.