"things you don't need such as hosting international sports competitions" I am skeptical of all the highly corrupt organizations (FIFA, Olympics) that are priv

"things you don't need such as hosting international sports competitions" I am skeptical of all the highly corrupt organizations (FIFA, Olympics) that are private companies, often tax exempt, externalize costs and privatize profits. But in case of Munich, I think the Olympic games in 1972 and the heavily investment in infrastructure for this games, has actually more than paid off for Munich.