In message , James Farrar
writes
Do you mean Montreal?
Yes I did, sorry!
That was the last Games to lose money.
Eh? Even Sydney ended up with "a debt that will take a decade to pay off
and unused facilities that require millions of dollars in public
subsidies every year".
The Athens Olympics were initially estimated to cost $1.3 billion. When
the detailed planning was finished, the cost to $5.3 billion. After the
games were over, Greece found it had actually spent some $14.2 billion
and had seriously damaged its economy in the process.
while Greece is saddled with a chain of unused facilities that nobody
wants
Hence the "no white elephants" policy.
That's what they said about the dome
We'll know soon enough...
Yes, I'm keeping my fingers crossed.
--
Paul Terry