Wednesday, June 25, 2008

Olympics village runs out of money


The cost of the Olympics is about to make another rise. According to the National Audit Office the budget for the London Olympics could significantly overrun due to security costs and other factors.

That isn’t even the half of it. I believe they are underplaying how much it could actually cost. The Olympics village has ran out of money which now means that more public money will be spent to bail it out. That means more hundreds of millions of pounds down the drain to finance facilities which will never be used again after 2012.

1 comment:

alanorei said...

"That means more hundreds of millions of pounds down the drain to finance facilities which will never be used again after 2012."

Except the mosque.

These organisers clearly could not run a successful business. It is appalling that they have been entrusted with so much public money.

I hope our own Coeur de Lion has something to say about it at the GLA.