Olympic cash being spent like water
Posted in Sports Reading on April 30th, 2008MPs criticized the organizers of the 2012 Olympic Games as “willing to spend money like water”. The Aquatics Centre had received the most criticism as its costs trippled from the 75million pounds when London bid for the Games to the current 242million pounds announced in April. It says though it was not surprising that the original London 2012 budget of 3.4 billion pounds was underestimated, the current 9.325 billion has affected public confidence in the management of the Games a lot.
I think the Britons should think about this problem. During the past few decades we already had several Games which could not cover their costs or budgets after they were over. Even till now Montreal citizens are still paying for the Olympics, also are the Sydney citizens, as to the Athens Games, I’m not sure, but I guess they are also in debt. I myself am very concerned about our own Olympics. I think we are spending too much money on them, and frankly speaking, I doubt whether we will be able to cover all the costs after the Games.

