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Vancouver Olympics broke even: VANOC


Sports | 206511 hits | Dec 17 4:35 pm | Posted by: Hyack
10 Comment

Despite some challenging circumstances, the 2010 Winter Olympics in Vancouver broke even, VANOC CEO John Furlong confirmed on Friday morning in Vancouver.

Comments

  1. by avatar wildrosegirl
    Sat Dec 18, 2010 1:28 am
    Sure it did. :lol:

    Did they balance the books on that one like they did the Fast Ferries?

  2. by avatar Brenda
    Sat Dec 18, 2010 1:31 am
    :lol:
    Anyone surprised that I am a little tiny bit skeptic about this... "result"? :P

  3. by FieryVulpine
    Sat Dec 18, 2010 8:32 pm
    Not I. Hell, I don't think there was an Olympics that ever broke even or made a profit. Correct me if I'm wrong.

  4. by Canuckism
    Sun Dec 19, 2010 6:22 am
    Ya right!

  5. by avatar Scape
    Sun Dec 19, 2010 6:28 am
    The VANOC budget did not include the cost of building the venues and other projects, which were paid for by the provincial and federal governments.


    I see that as a major omission.

  6. by avatar Brenda
    Sun Dec 19, 2010 1:31 pm
    "Scape" said
    The VANOC budget did not include the cost of building the venues and other projects, which were paid for by the provincial and federal governments.


    I see that as a major omission.

    You can close every book to your own advantage, with a little creativity...

  7. by avatar bootlegga
    Sun Dec 19, 2010 3:27 pm
    "FieryVulpine" said
    Not I. Hell, I don't think there was an Olympics that ever broke even or made a profit. Correct me if I'm wrong.


    The 1984 Olympics in LA and 1988 Games Seoul were profitable. After the debacle that was Montreal, being profitable (or close to it) was a big consideration in awarding the games.

  8. by avatar martin14
    Sun Dec 19, 2010 5:22 pm
    "wildrosegirl" said
    Sure it did. :lol:

    Did they balance the books on that one like they did the Fast Ferries?



    :lol: :lol: :lol:


    Truth comes out in 2012.... big losses. :)

  9. by avatar Freakinoldguy
    Mon Dec 20, 2010 4:50 am
    If you did your household finances like Furlong and the boys did for the Olympics, we'd all be living on easy street, with someone else picking up the tab for all of our extravagant major purchases.

    This Olympics didn't break even, the operating costs may have broke even, but I'm even doubtful of that given the climate of secrecy that surrounded what they considered Olympic related costs.

    So if they factored in what the Province and Federal Taxpayers kicked in, that he conviently doesn't count as a cost, Furlong and his Olympics would be so far in the hole that we'd have to pump him sunlight.

  10. by avatar ShepherdsDog
    Mon Dec 20, 2010 4:56 am
    "martin14" said
    Sure it did. :lol:

    Did they balance the books on that one like they did the Fast Ferries?



    :lol: :lol: :lol:


    Truth comes out in 2012.... big losses. :)
    5 minutes later the world ends...debt written off. :twisted:



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