5 Biggest financial disasters in Olympic history

#1 Munich Massacre - 1972

Terrorists Going to Athletes

No one would have ever imagined this act of ignominy until it occurred in the 1972 Munich Olympics. Terrorists belonging to Black September and Neo-Nazi group colluded to blot the 1972 Munich Olympics.

8 terrorists managed to get over the fence and crossed two apartments to reach the building where the athletes were resting. After capturing the athletes, when Youssef Romano ' six-day war veteran' showed resistance, he was first castrated and then killed. Two athletes were killed in that premises. 9 athletes were taken as hostage and demand of releasing 234 terrorists jailed in Israel was made.

The rescue mission to save the athletes by West Germany police failed and killed the remaining 9 athletes were gunned down by the terrorists at the airport. This was the darkest day of the history of Olympics, and the greatest fear in the sporting history was realized.