LONDON (Reuters) - Massive public and private sector spending on sport has put South Korea on track for their most successful Olympic Games in London, and Seoul also expects that investment to pay off when Pyeongchang hosts the Winter Games in 2018.
The country's Olympic chief, Y.S. Park, told Reuters in an interview on Friday the Korean government pumped $100 million per year into sports, while private companies sink an additional $30 million of their own money into individual federations.
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