It depends on what they meant by cost.
Some of the cost is part of the project but is primarily a regeneration element. This isn't a direct Olympic cost. That accounts for most of the variance between what they said the Olympics would cost and what you actually have to pay out. Large part of that will come out of other budgets and be managed through the Olympic one. Is, for example, upgrading the transport links an Olympic cost or an infrastructure one?
VAT was expected to be waived and is an irrelevance in terms of cost. Comes out of one Government hand and back in the other.
Security upgrade was unexpected.
And a contingency won't necessarily be spent.
Posted By: Johnny Comecardiff on March 15th 2007 at 17:37:09
Message Thread
- here we fucking go, antoehr 'wembley' (General Chat) - megson, Mar 15, 16:37:19
- thats one hell of a contingency reserve (General Chat) - fond, Mar 15, 17:55:55
- I'd like a new kitchen sink please (n/m) (General Chat) - Fierce Panda, Mar 15, 18:03:06
- FOUR TIMES the estimate of less than two years ago.. (General Chat) - Small, Mar 15, 16:39:24
- It depends on what they meant by cost. (General Chat) - Johnny Comecardiff, Mar 15, 17:37:09
- someone seeing a massive opportunity to nick cash (General Chat) - pants, Mar 15, 16:42:29
- fuck all wrong with that pants (General Chat) - Tomblander, Mar 15, 16:50:19
- Disgusting waste of money (General Chat) - Tomblander, Mar 15, 16:39:16
- tessa joweel does bomberman impression (General Chat) - pants, Mar 15, 16:38:58
- I love Bomberman. So addictive (n/m) (General Chat) - Brom, Mar 15, 16:41:30
- *another (n/m) (General Chat) - megson, Mar 15, 16:37:36
- thats one hell of a contingency reserve (General Chat) - fond, Mar 15, 17:55:55
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