CoSport

From Wikipedia - Reading time: 6 min

Jet Set Sports, LLC
CoSport
Company typeLimited liability company
IndustryHospitality
Founded2000 (2000)
FounderSead Dizdarević
Headquarters,
Key people
Sead Dizdarevic (Chairman & Co-CEO)
Alan Dizdarevic (Co-CEO)
Maria Jedrejcic (Managing Director)
ServicesConsumer hospitality packages and ticket reselling for the Olympic games
OwnerSead Dizdarevic
SubsidiariesCoSport Australia Pty. Ltd.
Jet Set Sports GesmbH
Websitewww.cosport.com

Jet Set Sports LLC, d/b/a CoSport,[1] is a distributor of consumer hospitality packages and tickets to the Olympic games. It is a privately-held company established in 2000 and owned by Sead Dizdarevic. CoSport has the rights to market and sell consumer hospitality and premium ticket packages, as well as hospitality management services in Australia, Austria, Bulgaria, Canada, Jordan, Norway, Sweden, the United States, and other EU/EEA countries such as Croatia and Greece. It was the only official authorized Olympic ticket reseller in those countries from the 2006 Winter Olympics to the 2020 Summer Olympics.[2]

CoSport is a part of Jet Set Sports, which was founded in its original form in 1975 and first provided hospitality services to the Olympics in 1984, and is one of the leading providers of VIP and corporate Olympic hospitality packages.[3]

In March 2021, CoSport announced that people who purchased tickets for the Tokyo 2020 Olympics from the company would not be refunded the 20% service fee, with Alan Dizdarevic saying "There's nothing to give back of the 20%, because it's all been spent."[4] The reason given was that the Tokyo Organising Committee of the Olympic and Paralympic Games only agreed to refund the face value of the tickets to resellers and would not cover an associated loss of service fees.[5]

References

[edit]
  1. ^ "CoSport™ - Terms and Conditions of Sale: Paralympic Games". CoSport. August 15, 2019. Retrieved December 17, 2020.
  2. ^ Dent, Mark (2022-02-12). "Is this the end of an Olympic ticket monopoly?". The Hustle. Retrieved 2023-07-17.
  3. ^ "Flamboyant millionaire becomes Olympics' ticket king". ScrippsNews. 2009-11-23. Archived from the original on 2012-04-25. Retrieved 2011-10-19.
  4. ^ Radnofsky, Louise (2021-03-31). "After Covid-19 Ban on Foreign Spectators at the Tokyo Olympics, a Refund Fight Is Just Beginning". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-04-02.
  5. ^ "US customers will not get 20 per cent handling fee on Tokyo 2020 tickets back". www.insidethegames.biz. Dunsar Media Company Ltd. 2021-03-28. Retrieved 2023-07-17.

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