31 May 2013

London 2012 reports profit

12:25 pm on 31 May 2013

The British Olympic Association has revealed it's received a windfall of 5.3 million pounds after the London 2012 organising committee reported an unexpected surplus in its final accounts.

The organising committee initially expected to break even over the course of its eight-year existence, but wound up with a 30 million pounds profit.