Is it too late to let Paris have the games?
Until now the cost of staging the Games has been put at £2.375 billion, with an additional £1 billion of government money for regeneration of the Lea Valley area. That will rise by at least another £1.5 billion and possibly £2 billion.
It's government project - what do you think the final bill will be - I would bet north of £10 billion - and for what?
No gold for those who were hosts in the past - Newspaper Edition - Times Online
THE Olympics will bring no lasting benefit to British tourism and may cause damage to the industry, according to a report released yesterday.
Nations that have previously hosted the Games have suffered declines in tourism growth in the years surrounding the event, the study from the European Tour Operators Association shows.
It claims that visitors at Olympic events are “sports fans”, with different spending habits from other tourists who devote much of their trip to leisure activities. The behaviour of Olympics attendees was “akin to business visitors attending a convention”, making them unlikely to spend money on visiting museums, theatres and monuments.
Theme park owners in Los Angeles saw a decline in revenue during the 1984 Games, while in Sydney in 2000, regular attractions also experienced a downturn, the study claims.
Tom Jenkins, the executive director of the association, said that the Olympics could threaten the “conveyor belt” of visitors coming to Britain. “The great rolling circus that hits town during the Olympics does not help tourism and perhaps hinders it. The Olympics deter regular tourists, scaring them away for some time, as they perceive that the city will be full, overpriced and congested.”
The association said that this “Olympic effect” was also apparent in the Games at Seoul (1988), Barcelona (1992) and Atlanta (1996). Full details for Athens, which staged the 2004 Olympics, are not yet available, but the association said that one month before the Games visitor arrivals to Greece were 12 per cent down.
London is the last place I'm going anytime around the Olympics - and I would advise you to stay away as well.
London’s victory came with a pledge by Lord Coe, the bid chairman, that the London Games would bring participation and interest in Olympic sport back to young people. A year later, there has been limited evidence of this, although Mr Blair said he hoped that this would change.
“When I was at school, you could play sport every day and many of us did,” he said. “It was a great thing to be able to do. I’d like the opportunity for kids to be able to play sport.”
In the two most recent Olympics, half of Team GB’s medal winners have been athletes educated at private schools. Mr Blair said that he hoped that British medal winners could be more representative, “but it requires us to build the facilities and encourage sport in schools. I think sport is a major, major thing. It declined over a long period of time and we’ve got to build it back up again.”
And the fact you have been selling off school playing fields to your mates at Tesco is unconnected? And the ethos against competitive games, everyone must be a winner, has no effect? So you think wasting billions dahn the East End is going to help? Tosser.