The Olympics

The Olympics


News, information and stories about the Olympic Games.

Monday, 26 January 2009

Rogge In Denial

The International Olympic Committee (IOC) president, Jacques Rogge, has rather bizarrely claimed that the London 2012 Olympics has not overshot its budget.

This is rather an "odd" statement given that the original "budget" for the games was £3.4BN, it currently stands at £12BN (including £2BN running costs) and is likely to rise further.

Rogge clearly does not have good grasp of financial matters.

He went on to claim that, despite the recession, the scale of the Games should not be rolled back.

Maybe he will help make up the shortfall out his personal finances?

Olympic Medals won during the Beijing 2008 Olympics

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