Can anyone please explain what happens to all the money spent on bidding for the olympics and all the other events. I find it staggering that the media tell us that all this money is spent just to be the winning town!
2007-02-02 04:20:38 · 6 answers · asked by frogg135 5 in News & Events ➔ Current Events
It goes into the pockets of the organisers, as "salaries", "consultation fees", "miscellaneous expenses" etc... and most people are either too naive to figure this out, or they don't care or they can't do anything about it.
2007-02-02 05:50:44 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Just how many people wanted us to host the Olympics? As a Londoner, I certainly did not want them to be anywhere near me.
God knows how much has been spent already, and how much the final bill will escalate to?
How many white elephants are we going to be left with?
Uncle Ken tells us that there will be a profit after the games, enough said! When has he been right before?
2007-02-02 05:08:22 · answer #2 · answered by Anonymous · 1⤊ 0⤋
not just that it took LA approx 10yrs to recover after hosting it so is really worth it. Manchester managed to hire most of thjeir new venues out but not all so the rest are goin to ruin. thats plenty more money wasted, all for the prestige. lookin back it doesnt answer your question
sorry just a thought you planted the seed and it sprouted into a ñoad of blah blah
2007-02-02 04:27:49 · answer #3 · answered by Snot Me 6 · 1⤊ 0⤋
When you bid for the Olympics, the process takes several years to complete & to be in with a realistic chance, you must be ultra-professional.
After all, champagne, hookers & cocaine don't just grow on trees you know !
2007-02-02 04:35:31 · answer #4 · answered by Well, said Alberto 6 · 1⤊ 0⤋
And RUM for the judges.
2007-02-02 04:26:11 · answer #5 · answered by robert m 7 · 1⤊ 0⤋
its business, top cats need top wads of cash.= GREED
2007-02-02 06:22:04 · answer #6 · answered by WELL SAID ERFMAN JACK 2 · 1⤊ 0⤋