The Olympics

The Olympics


News, information and stories about the Olympic Games.

Thursday, 19 May 2011

Money Up Front

The London organising committee (Locog) continues to defend its ticket allocation and payment process (described by Boris Johnson as "a bit peculiar").

It has begun to deduct money from applicants' bank accounts. However, it may be as late as 24 June before those charged know what tickets they have been allocated.

Why do it in this manner?

Locog have provided the answer to the Telegraph:

"It is really our ability to nail our revenues from tickets."

As noted before on this site, the Olympics are about money not sport.

Olympic Medals won during the Beijing 2008 Olympics

Don't forget to visit brought to you by "The Living Brand"

No comments:

Post a Comment