Bullshit maths at the ‘under budget’ London 2012 Olympics
HOW bullshit works at London 2012 Olympics:
“The London Olympics is set to come in under its £9.3bn budget with £476m of the contingency funding left, according to new government figures. Culture Secretary Jeremy Hunt said it was “fantastic news” that the Games would be on time and under budget” – BBC, July 13, 2012
Under budget?
2003: £1.796bn – “Arup says the Games would cost £779m to put on: £403m to build new facilities, £325m to buy land in East London, £167m investment in athletes to boost medal chances and £109m risk money”
Who are Arup? From their website:
“We provide pragmatic, complete guidance by using our strategic expertise to forge better links between traditional silos of thinking.”
2003: £2.375bn
2005: £2.4bn
2006: £3.3bn – “This project is under control,” says Tessa Jowell, the then Culture secretary
2007: £9.35bn
Under budget, then…
Posted: 3rd, August 2012 | In: Sports Comment | TrackBack | Permalink
