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SBD Global/May 9, 2014/Olympics

High Rio Costs Loom For New Zealand Olympic Committee Despite Surplus

The New Zealand Olympic Committee "recorded an increased surplus in its latest annual report, but is bracing for a costly couple of years ahead," according to Simon Plumb of FAIRFAX MEDIA. It forecasts that "the cost of sending a team to the Rio 2016 Olympic Games" will be 30% greater than...

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