The Olympics

The Olympics


News, information and stories about the Olympic Games.

Tuesday, 24 June 2008


Jacques Rogge, president of the IOC, has stated that there is "confusion" among the public about the rising costs of the 2012 London Olympics. In his view this confusion arises because of the differences "between the operational budget and the infrastructure budget".

The total budget for the infrastructure of the Games is set at £10BN, the running costs are set to be around £2BN on top of that.

Those who regularly read this site will have had no such confusion, as I have always clearly stated that there is a budget (currently £12BN) which includes £2BN running costs.

However, I suspect that some of those allegedly "in charge" of the budget or overseeing it in the UK may have forgotten the £2BN running costs.

The fact remains that the current budget of £12BN will rise, as it is clear that those "in charge" of it are not effective in their roles or suitably qualified.

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