Brake: fears Olympics will turn into new Millennium Dome

The Times reports:

Taxpayers face a multimillion-pound maintenance bill at the Olympic Park after organisers admitted that they had failed to find a commercial operator to take over the main venue after 2012. … The Times has learnt that the Olympic stadium will cost at least £800,000 a year to keep open. Projected revenues from athletics events and a proposed sports academy will leave a big funding shortfall at the venue, where building costs have already spiralled from £282 million to £547 million. There are fears that the final bill could be much higher.

As Tom Brake, the Liberal Democrats’ Olympics spokesman, notes:

Ministers have presented a vague wish list of legacy proposals rather than concrete plans. The lack of detail raises the fear we’ll still be left with another Millennium Dome.”

Those 2005 celebrations seem oh so far away now…

Read more by or more about , or .
This entry was posted in News.
Advert

2 Comments

  • Andrew Duffield 12th Feb '09 - 5:19pm

    Of course if we had collected the massive uplift in unearned land values that resulted from the announcement of the successful 2012 bid we wouldn’t have an Olympic bill of any kind to pay.

Post a Comment

Lib Dem Voice welcomes comments from everyone but we ask you to be polite, to be on topic and to be who you say you are. You can read our comments policy in full here. Please respect it and all readers of the site.

If you are a member of the party, you can have the Lib Dem Logo appear next to your comments to show this. You must be registered for our forum and can then login on this public site with the same username and password.

To have your photo next to your comment please signup your email address with Gravatar.

Your email is never published. Required fields are marked *

*
*
Please complete the name of this site, Liberal Democrat ...?

Advert



Recent Comments

  • User AvatarMark Argent 30th Aug - 3:18am
    The other side of this is that the appointment of PPCs does give an opportunity to do some things to strengthen local parties even if...
  • User AvatarLorenzo Cherin 30th Aug - 2:26am
    Matthew Huntbach I do not think you should care what someone said about something years ago or whenever. You are far too experienced and eloquent...
  • User AvatarLorenzo Cherin 30th Aug - 2:12am
    Little Jackie Very sound analysis , I do not agree with all your views but like your realisation that the public are where they are...
  • User AvatarLorenzo Cherin 30th Aug - 2:00am
    Matthew Huntbach I can happily engage with you , and am endeavouring to do so thus,but would do so more enthusiastically ,if you would not...
  • User AvatarJamesG 30th Aug - 1:50am
    "Britain could be granted a “special status” in its relationship with the EU once the terms of Brexit have been hammered out", a German foreign...
  • User AvatarJamesG 30th Aug - 1:08am
    R, Underhill Ok let me amend it: Turkeys don't generally vote for xmas. We have some bargaining chips then I presume that will make anyone...