Tuesday, April 19, 2011

British Olympic body resolves 2012 cash dispute

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LONDON - BRITAIN'S two major Olympic bodies settled the messy financial dispute on Tuesday that threatened to overshadow preparations for the 2012 London Games.

The British Olympic Association (BOA) dropped its legal case against the 2012 organizing committee, known as LOCOG, over its share of any surplus from the games and accepted the original contract terms.

19 Apr, 2011


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Source: http://straitstimes.com.feedsportal.com/c/32792/f/524620/s/144bfc64/l/0L0Sstraitstimes0N0CBreakingNews0CSport0CStory0CSTIStory0I6586280Bhtml/story01.htm
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