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Funding

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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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.


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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.'


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Backspin

VANCOUVER - A lot of people around the world watched the 2010 Winter Olympics, but not as many as the official Games-time estimate.

The International Olympic Committee’s Vancouver 2010 marketing report shows actual viewership was just over half the oft-repeated 3.5 billion estimate from IOC marketing director Timo Lumme's Feb. 23 news conference.


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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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Raiding the piggy bank

Dave Lee's The Olympic Borough has an exclusive one day in advance of the next Save Wanstead Flats public meeting. His FoI request reveals that t


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Another Olympics, another overspend!

Hey, what's new? Another Olympics another overspend! This time it was Singapore's Youth Olympics. S$107 million ($80 million) ballooned to S$387 million.


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Summer’s not a good time for a snow job

The IOC’s Vancouver 2010 marketing report was quietly published on July 6 lifting the lid a little on VANOC's financial information blackout, as

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