OT Long term benefits from Olympics.
In article ,
J.B.Treadstone wrote:
On Fri, 14 Sep 2012 10:28:03 +0100, Tim Streater wrote:
In article
,
" wrote:
On Sep 14, 8:31 am, harry wrote:
Zero I imagine.
Plenty I expect, best being making all the grumpy old complaining gits
look a bit silly.
No, harry was right - just this once. I can think of better ways the
country could have spent nine bullyun quid.
Very rarely has any city/country made /any/ profit from hosting the
Olympics. A parliamentary committee recently concluded that the Games cost
the public sector /alone/ £11 billion. "The Funding Package of £9.3
billion allocated to the Olympics does not cover the totality of the costs
to the public purse of delivering the Games and their legacy, which are
already heading for around £11 billion."
[London 2012 Olympic and Paralympic Games - Public Accounts Committee]
Some critics believe that the total cost for London will, in fact, amount
to some £24 billion when the games have ended.
[Snip]
don't forget the cost to Surrey who 'hosted' the cycle races; Berkshire -
the rowing; Dorset - the sailing; also all the venues for football.
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