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2012 Finance

hard a-port!

What a difference a day makes! (The bulk of) those tickets won't be flying transatlantic no more; they'll now be shipped instead as, since Meredith Alexander's high-profile resignation, that 'Commission for a Sustainable London 2012' seems to have been stirred, if not actually shaken, into action.


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gravy train flies transatlantic

A London 2012 spokesman said: "The contract to print tickets was awarded following a thorough, competitive and open tender

It's becoming a familiar mantra, Coe said the same defending Dow's getting awarded the contract for the wrap.


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give and take

Westfield Stratford beyond Bridge LO3: A view over the 2012 Olympic site towards Westfield Stratford and Bridge LO3, 3rd March 2011, taken on the 'Printers' Paradise' walk organised by Wick Curiosity Shop.Westfield Stratford beyond Bridge LO3 So according to the Guardian's @owen_g

London 2012 announce Westfield as 44th sponsor in a £10m tier 3 deal


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Raiders of Pudding Mill Stadium

The Pudding Mill White Elephant just won't lie down. CoeLtd is still hoping to bring the 2017 IAAF World Athletics Championships to London. But it all depends on there being an available stadium. After all it's hard to hold an Athletics Championships without one. LoCoe has his own IAAF ambitions with the next milestone in 2015 when he hopes to succeed to the top job. The loss of a stadium could prove terminal to those ambitions.


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The true cost of tickets for the Olympics: community and workplace organising?

from Corporate Watch

Official prestige tickets for the 2012 Olympics, which include food and drink, are going to be some of the most expensive in the history of sport, at £4,500 per person.

These tickets cannot be sold as single tickets, but only in blocks of ten. In addition, conditions of purchase will mean that an individual or company buying hospitality tickets for the opening or closing ceremonies of the Games will have to pay a minimum of £270,000, because seats for other events much also be bought at the same time. The only sports tickets to ever be more expensive were those for the 2011 Super Bowl in Texas at £5,545 each. However, once tax is added, the Olympics tickets become £5,400, so together with the ‘minimum buy’ requirements the tickets are not far off the most expensive sports tickets in history.


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The Olympics, Ethics and Corporate Social Responsibility

Podium Conference 2011: Panel at the Podium Conference Countdown to the Games February 2011.  Copyright ©2011 sytaffelPodium Conference 2011: Copyright ©2011 sytaffel


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GLA Budgetary and Performance Committee report - Olympic Park transfer and continuing liabilities Oct 2010

GLA Budget and Performance Committee

The Finances of the Olympic Legacy
Part1: Olympic Park transfer and continuing liabilities
October 2010

A futile attempt to cut through the murk of the 2012 legacy financing and accountability. As one might expect, it's going to cost an awful lot of money on top of what's already been spent, no-one knows how much, when any benefits might be delivered, what they will be exactly or who will be accountable. Plus ca change.


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That broken promise we'd all been anticipating

Cheap tickets for kids from the host boroughs? You betcha!
'
Alternatively, in the words of Greenwich's 'Great Leader':

Greenwich Council has accused LOCOG of making “secret deals” to price out thousands of youngsters from the host boroughs from watching the sports.


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