LONDON, Dec 5: Public funding of nine billion pounds ($14.5 billion) for the London Olympics was money well spent after a successful Games, Britain’s National Audit Office (NAO) said in a report on Wednesday.

The NAO found fault with an initial underestimate of how much public money was needed and the failure of private contractor G4S to supply enough security guards which meant British troops had to be drafted in just before the Olympics.

However, its report was generally positive about a Games that the government hopes will help attract additional investment and tourists to Britain.

“By any reasonable measure the Games were a success and the big picture is that they have delivered value for money,” said the NAO, an independent body which scrutinises public spending on behalf of parliament.

“LOCOG (London Organisers) sold 11 million tickets and our athletes excelled,” it added.—Reuters

More From This Section

It is getting tough for bowlers in limited-overs cricket: Saeed

KARACHI: Saeed Ajmal, widely regarded as the world’s best off-spinner, says that life is becoming increasingly...

Moores returns as England coach

LONDON: Peter Moores was named England coach for the second time on Saturday as the cricket board continued its...

No way back for Pietersen, says ECB chief

LONDON: Kevin Pietersen’s hopes of reviving his international career appeared to end on Saturday when England and...

‘ECB annoyance made PCB give Rashid cold shoulder’

LAHORE: Strong pressure from the England and Wales Cricket Board (ECB) to keep banned Test leg-spinner Danish ...


Comments are closed.
Explore: Indian elections 2014
Explore: Indian elections 2014
How much do you know about Indian Elections?
How much do you know about Indian Elections?
Cartoons
E-PAPER
Front Page