2016年7月21日木曜日

Answer to Q6

Since I could not fing the information for Japan this is about the London Olympics is 2012. This can be a valuable information to think about the money movement for the Tokyo Olympics.

The £11.3billion needed for London 2012 came from £9.3billion of public sector funding and £2billion from the London Organising Committee of the Olympic and Paralympic Games or “LOCOG” as it’s known.

Public sector funding includes money from central Government (ie taxpayers), the National Lottery and local authorities in London.

It was spent on building venues and infrastructure (£5.3billion), elite sport and Paralympic funding (£400million), security (£600million), regeneration of Lea Valley (£1.7billion), a contingency fund (£2.7billion) and VAT (£800million).

Citation
How much money does the Olympics make?(2012, Aug) Retrieved July 30, 2016

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