Wasps Signs Deal With Under Armour African Billionaire Wants To Buy Arsenal Funding Shift Benefits Scotland Sports BT Sport To Broadcast America's Cup Five Politicians Face Probe Over PyeongChang Channel 5 Strikes Deal With Football League Olympic Notes Britain's Sport Industry Hitting Its Stride Tom Fox On Randy Lerner, Sales Rumors Clubs Increase Effort To Appeal To Women
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/February 13, 2013/Olympics
Security Firm G4S Reports That Olympics Fiasco Will Cost Firm More Than $138M
Published February 13, 2013
WANT MORE GREAT STORIES LIKE THIS?
CLICK ON ONE OF THESE BUTTONS
BETTER THAN EXPECTED: The PA reported Cantor Fitzgerald research analyst Caroline de La Soujeole said that the total cost of £88M was "better than her estimate" of between £100-110M ($156-172M). She added, "In our view, this draws a line under the Olympics situation and will enable the company to win more government outsourcing contracts." LOCOG said that the taxpayer's interests "have been fully protected in compensating for the difficulties experienced by G4S's shortcomings" (PA, 2/12).