Stoke Pulls Out Of Race To Host 2020 Olympics

Stoke has pulled out of the race to host the 2020 Olympics after City Council elders said it would be "irresponsible".

City Council spokesman Ken Dagger said they could give no guarantee to finance putting on the event, which has an estimated cost of $12.5 billion. The decision, unanimously made by the council of elders, comes one day before the deadline for cities to submit bids.

Stoke's planned Olympic stadium in Fegg Hayes

"As you can  imagine, the city elders have spent a lot of time reflecting upon this very tough decision," Dagger told The Daily Oatcake. "We've already made a commitment to build skate plazas and BMX tracks for the city. That should be sufficient sporting facilities for Stoke to have."

According to The Daily Oatcake, Stoke pulling out of the race gives a big boost to rival cities Doha (Qatar), Madrid, Istanbul, Baku (Azerbaijan) and Derby.