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London Olympics near 700 mln pounds sponsorship goal
Source: Agencies |
July 25, 2011, Monday
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Online Edition
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ORGANISERS for the London 2012 Olympics are weeks away from meeting their 700 million pounds (US$1.1 billion) sponsorship target, ending a five-year funding and procurement program, the Financial Times reported today.
Paul Deighton, chief executive of the London Organizing Committee for the Olympic Games, told the newspaper the body was "single digit millions" away from its goal.
He added that after finalizing a few remaining sponsorship agreements it would "close down" the program.
Paul Deighton, chief executive of the London Organizing Committee for the Olympic Games, told the newspaper the body was "single digit millions" away from its goal.
He added that after finalizing a few remaining sponsorship agreements it would "close down" the program.
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