"The report confirms that Los Angeles is ready to host the Olympic Games 2028. Los Angeles of course builds on the strong proposal that was put forward for 2024, while providing all the necessary guarantees to make us confident that the Olympic Games can be awarded 11 years in advance," said IOC Evaluation Commission Chairman Patrick Baumann.

"Our goal has always been to create a Games concept that fits the long-term needs of LA and its people, not change our city to fit the Games," said LA 2028 Chairman Casey Wasserman.

"We can count on higher revenues, increased IOC contributions, and an investment of up to 160 million U.S. dollars to increase youth sports programs in LA in the years leading up to the Games. This IOC Evaluation Commission report underlines what a historic opportunity LA 2028 is for the City of Angels and the Olympic and Paralympic Movements." he added.

The Los Angeles Council voted unanimously on Aug. 11 to approve the contracts signed by the city government and the IOC to host the Olympic and Paralympic Games in 2028. It's an important move for Los Angeles to lock the award of being host of the 2028 Summer Games, which is scheduled to be announced with 2024 Olympics host city, Paris, together by IOC on Sept. 13 in Peru.

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