On 18 August 2007, The Belfast Telegraph reported that jubilation over winning the right to stage the Olympic Games was becoming more muted as realisation dawns on the public of the enormous costs involved in creating facilities for the athletes. Grassroot sport cuts will fund the Olympics, government figures suggested on 19 August 2007.
In November 2007, Edward Leigh MP, criticised the organisers for significantly under-estimating the cost of staging the games, suggesting they had either "acted in bad faith or were incompetent".
On 10 December 2007, Tessa Jowell announced confirmation of the budget announced earlier in 2007. In June 2007, the Ministerial Funders’ Group met and agreed a first allocation of contingency to the ODA, being £360 million out of the £500 million of initial contingency announced in March, to enable the ODA to manage early cost pressures.
Following its second meeting on 26 November 2007, the Funders’ Group has now agreed a baseline budget and scope proposed by the ODA. The total budgeted base cost to be met by the public sector funding package remains at £6.090 billion including tax and excluding general programme contingency as announced in March. This includes the allocation to the ODA of the remaining £140 million from the initial £500 million contingency announced in March.
Olympic Tickets are being sold rapidly at Sport Ticket Exchange. Sport Ticket Exchange offers you Olympic Tickets for all sports and events. You can buy Olympic Tickets and also can Sell Olympic Tickets at Sport Ticket Exchange. Purchase Olympic Tickets from Sport Ticket Exchange at favorable rates. Sport Ticket Exchange is also offering handsome returns for Olympic Tickets Resale.
No comments:
Post a Comment