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 AvatarMichael BG 31st May - 2:31am
    I think this is a strange article. I remember the days when Conservatives used to talk about giving people equal opportunities. This meant that everyone...
  • User AvatarLorenzo Cherin 31st May - 1:45am
    Lauren Keith Very good article , well done. Eddie Agree with you on new and more tangible policies, not on the leadership.Tim is here to...
  • User AvatarStevan Rose 30th May - 11:17pm
    I hate to say it but we don't have an awful lot of credible, clear, and distinctive policies on offer. If we do then we're...
  • User AvatarEdith 30th May - 11:11pm
    The migrants are coming with no legal status in France. If they apply for Asylum in France, then the french government will take care of...
  • User AvatarDavid Raw 30th May - 9:20pm
    J. Dunn Oh, dear, I'm dazzled by such a sophisticated response. @ Shas, well done, great cause, but..... buy items from Sports Direct ? No...
  • User AvatarNoel Hadjimichael 30th May - 9:15pm
    As a new resident in the UK with voting rights I am keen to see both sides of the debate given exposure and robust examination....