Finance
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.
Submitted by Charles Batsworth on Fri, 31/12/2010 - 11:36.
Document Archive | 2012 Finance | 2012 Legacy | Displacement | Funding | Regeneration
Rio: Crime, corruption and mega-events
Submitted by Anonymous on Thu, 30/12/2010 - 20:48.
Article | Corruption & Ethics | Crime | Displacement | Housing | Human Rights | Mega Events | Other Olympics | Rio de Janeiro 2016 | Tourism
Olympic Preparedness - GLA report 17 Jun 2008
Report by Carphone Warehouse Deputy Chairman David Ross after his appointment as Games legacy advisor by Boris Johnson. It recommends the creation of a special 'legacy delivery' vehicle ie. the OPLC.
Submitted by Charles Batsworth on Sun, 19/12/2010 - 23:41.
Document Archive | 2012 Legacy | Compulsory Purchase | Funding
Property companies eye Olympic profits
The Property world is getting excited by the interest supposedly being showed in the Athletes’ Village and the Media Centre. Of course, expressions of interest are not the same as money on the table. But even if the money does materialise what does this signify? That property tycoons see an opportunity to make a profit? And that profit will be made at a loss to the public purse of at least £150million on the Village and an unknown sum on the Media Centre.
Submitted by Julian Cheyne on Sun, 19/12/2010 - 23:03.
Article | Contamination | 2012 Business | Clays Lane | Compulsory Purchase | Displacement | Finance | Planning & Development | Private Housing | Regeneration | Social Housing
Arrests at the Dorchester?
The Telegraph has suggested the 2012 Olympics will provide a key test for the new Bribery Act. Corporate hospitality is supposed to come under scrutiny. Really? The whole point about this kind of event is the bidding war which requires nations to chuck goodies at international sports bodies. Freebies are what the IOC and others expect while sponsors and businesses have always used tickets to arts and sports events as a way to make friends and influence people.
Submitted by Julian Cheyne on Sun, 19/12/2010 - 01:49.
Blog | 2012 Business | Corruption & Ethics | IOC | Mega Events | Sponsors
2012 security spending could top £2billion
So the £2billion plus figure which emerged from Sky's rather garbled account of the security costs of the Olympics may not be so far off the mark. The Telegraph reports that 'Baroness Neville Jones conceded to parliament that "much" of the £1.131 billion for the two years of the government's 2011-2013 counter-terrorism budgets would be devoted to the Olympics in 2012.'
Submitted by Julian Cheyne on Wed, 15/12/2010 - 02:35.
Blog | Funding | London 2012 | Security
SebCo needs a living wage!
Remember that compact between TELCO and the London Olympic Committee in November 2004 when the Olympic Committee promised to pay the living wage? The one that was abandoned by the ODA in September 2006? And which the ODA said it 'would ask' its contractors to keep in March 2007? Which one in five workers then said in October 2010 they were not being paid?
Submitted by Julian Cheyne on Tue, 14/12/2010 - 03:16.
Blog | 2012 Construction | 2012 Jobs | Corruption & Ethics | Economics | Human Rights | Jobs | London 2012
And now for something completely different
So, the security budget is being slashed by £125M. Plus the security budget is being increased by £280M. Perhaps the underlying logic is a smaller state combined with greater opportunities outsourced to private corporations? Oh, and of course there are tax concessions too!
Submitted by Steve Dowding on Mon, 13/12/2010 - 23:53.
Blog | Finance | London 2012 | Security
Vancouver 2010 Host City Agreement
A PDF of a photocopied record of the Host City Agreement for the Vancouver 2010 Winter Olympics
See also:
London 2012 Olympics Host City Contract
Submitted by Steve Dowding on Sat, 11/12/2010 - 15:27.
Document Archive | Finance | IOC | Mega Events | Olympics Studies | Vancouver 2010
The Commercial Games
The Commercial Games - How Commercialism is Overrunning the Beijing 2008 Olympic Games
"The Olympics claim to stand for pure ideals, for sports, culture and education. Unfortunately, the overwhelming cultural influence at the Olympics is now commercial culture; and the overwhelming informational message is: buy, buy, buy."
Submitted by Charles Batsworth on Mon, 06/12/2010 - 09:37.
Document Archive | Beijing 2008 | Corruption & Ethics | Sponsors