Prague's bid came to an end on 4 June 2008, when it failed to make the Candidate city shortlist.

The Czech Republic (including Moravia, Silesia and Bohemia) has a strong sports legacy, which appeals to the IOC.

Prague is known as one of the most beautiful cities in Europe,[5] and as a popular tourist destination, it holds many of the cultural aspects that appeal to the IOC.

[2] Prague allocated 45 million crowns to the Olympic movement for studies, advertisements, and opinion polls.

[2] The motto of the third nomination is Olympic Games for the Czech Republic as it should take place in other cities across the country as well.

As Prague is land-locked, yachting will be in Lipno, rowing and canoeing in Racice, and slalom in Troja.

Czech President Václav Klaus questioned the bid, doubting the ability to bring profit to the country.

In December 2007, Tomas Petera suggested the possibility of Prague cancelling its bid, citing uncertainty over political guarantees[11] because of a vacancy in the Sports and Education ministry linked to a government reshuffle.

Government officials later confirmed stated legal guarantees to protect foreign athletes’ safety.

[12] In February 2008, Czech Premier Mirek Topolánek emphatically stated Prague's bid will not get financial guarantees from the government, even if the city makes the short list of contenders, effectively ending the campaign.

A spokesman for the Olympic promotion company said the figures are based on a financial study and are nothing but a possibility under consideration.