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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 |
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