Former Olympic Council of Malaysia (OCM) president Tunku Imran Tuanku Jaafar had indicated that Malaysia were capable of hosting the 2026 Commonwealth Games.
Tourism Malaysia chairman Datuk Siew Ka Wei, had on his part, bounced the idea of Malaysia and neighbours Singapore making a joint bid for the 2032 Olympics.
There are also some who believe that Malaysia should look into hosting the Asian Games for the first time.
If Malaysia do make a bid for any of the three, the best bet would be hosting the Commonwealth Games
Should Malaysia, buoyed by the successful hosting of the SEA Games last year, host another major multi-sports event?
The Commonwealth Games may not attract vast financial income that the Olympics almost certainly would guarantee. The cost of hosting the Commonwealth Games, however, will still put a big dent for Malaysia.
Birmingham paid £25 million (RM134 million) for the right to host the 2022 Commonwealth Games.
That is nearly £10 million (RM53 million) more than the original host city, Durban, was due to pay after being awarded the Games in September 2015.
It is also only a small part of the estimated cost of about £750 million (RM4.02 billion) to host the Games.
The new host city fee will also apply to cities to be awarded the 2026 and 2030 Commonwealth Games.
Kuala Lumpur in Malaysia is among the cities being touted as a potential bidder for the event in 2026, while Canada has also announced it wants to be awarded the centenary edition of the Games in 2030.
While the government has undertaken to pay 75% of the total cost, the Birmingham City Council will still need to raise the balance. To do this, they are now set to introduce hotel tax to help pay for the Games.
If Malaysia were to host the Commonwealth Games, it would also have to look towards government aid.
To host the SEA Games, the Malaysian government allocated RM450 million while another RM100 million (in kind and cash) were raised from private sponsorship.
This does not include the excess of RM1 billion allocated for the upgrading of the various facilities including the Bukit Jalil Sports City and the sums spent on preparing the Malaysian team.
Malaysia hosted the Commonwealth Games for the first and only time in 1998. It was a turning point for the Games as Malaysia were the first to include team sports including hockey and cricket. It more than doubled the number of competitors from 1,500.
Over the years the number of participants has increased dramatically with Gold Coast, hosting some 6,500 participants when they hosted the Games earlier this year.
The Games is now beyond the financial capability of many of its 56member countries and 15 territories. It was the financial constraint that saw Durban withdrawing itself from hosting the next Games.
For a Games that is best considered a third rate event behind the Olympics and various world championships.
For a handful of events, including squash, netball and lawn bowls, the Commonwealth Games is the pinnacle in sporting achievement.
The Commonwealth Games first held in Hamilton in 1930, may be steeped in history but it is now considered as a friendly Games.
Malaysia’s best performance was at the in 2010 Delhi Games, where they managed a haul of 12 gold, 10 silver and 14 bronze medals.
At this year’s edition they managed only a 7-5-12 haul. It would be a miracle for Malaysia to dream of a top three finish at the next three editions.
Should Malaysia contemplate hosting the Commonwealth Games or spend the money and time in developing sports at both the grass-root and elite levels?