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Friday, 01 August 2014 |
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Friday, 01 August 2014 |
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Friday, 01 August 2014 |
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Friday, 01 August 2014 |
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5 |
Thursday, 31 July 2014 |
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6 |
USA Basketball Signs Three New Partners Ahead of Basketball World Cup |
Thursday, 31 July 2014 |
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Thursday, 31 July 2014 |
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Thursday, 31 July 2014 |
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Bank of America Extends 2015 Special Olympics World Games Support |
Thursday, 31 July 2014 |
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10 |
Thursday, 31 July 2014 |
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11 |
Kinetica Sports Joins Bath Rugby as Official Sports Nutrition & Supplement Partner |
Thursday, 31 July 2014 |
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12 |
Thursday, 31 July 2014 |
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13 |
Thursday, 31 July 2014 |
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14 |
Thursday, 31 July 2014 |
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15 |
Seattle Seahawks Doug Baldwin to Endorse Local Toyota Dealership |
Thursday, 31 July 2014 |
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16 |
Molten Named Official Ball Sponsor of Women’s British Basketball League |
Thursday, 31 July 2014 |
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17 |
Thursday, 31 July 2014 |
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Thursday, 31 July 2014 |
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19 |
Farm Rich to Sponsor NASCAR’s David Ragan at Atlanta Motor Speedway |
Thursday, 31 July 2014 |
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20 |
Thursday, 31 July 2014 |
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21 |
Thursday, 31 July 2014 |
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22 |
Wednesday, 30 July 2014 |
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23 |
Janssen to Title Sponsor NASCAR Sprint Cup Race at Chicagoland Speedway |
Wednesday, 30 July 2014 |
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24 |
Thrivent Financial to Sponsor Leavine Family Racing for NASCAR Sprint Cup Series |
Wednesday, 30 July 2014 |
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25 |
Beko Basketball Bundesliga Inks Ruleo Alpenland Commercial Deal |
Wednesday, 30 July 2014 |
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26 |
Wednesday, 30 July 2014 |
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27 |
Asiana Airlines Signs 2015 Gwangju Summer Universiade Partnership |
Wednesday, 30 July 2014 |
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28 |
Wednesday, 30 July 2014 |
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29 |
Wednesday, 30 July 2014 |
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30 |
Wednesday, 30 July 2014 |
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31 |
Wednesday, 30 July 2014 |
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32 |
Combat Named Official Bat Supplier of 2014 U-15 Baseball World Cup |
Wednesday, 30 July 2014 |
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33 |
EBC Group Becomes Worcestershire Cricket’s New Shirt Sponsor |
Wednesday, 30 July 2014 |
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34 |
Tuesday, 29 July 2014 |
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35 |
Tuesday, 29 July 2014 |
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36 |
Tuesday, 29 July 2014 |
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37 |
Tuesday, 29 July 2014 |
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38 |
Tuesday, 29 July 2014 |
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39 |
Tuesday, 29 July 2014 |
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40 |
Tuesday, 29 July 2014 |
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41 |
Tuesday, 29 July 2014 |
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42 |
Tuesday, 29 July 2014 |
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43 |
Tuesday, 29 July 2014 |
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44 |
Tuesday, 29 July 2014 |
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45 |
Tuesday, 29 July 2014 |
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46 |
Monday, 28 July 2014 |
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47 |
Monday, 28 July 2014 |
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48 |
Monday, 28 July 2014 |
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49 |
Monday, 28 July 2014 |
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50 |
Dixie Chopper Sponsors Jeffrey Earnhardt for NASCAR Race at IMS |
Monday, 28 July 2014 |
The loss, which compares with its previous estimate of £50 million, follows months of negotiations with Games organisers LOCOG.
The group also incurred additional costs of around £18 million relating to charitable donations, fees and the cost of sponsorship and marketing.
Chief executive Nick Buckles said: “The UK Government is an important customer for the group and we felt that it was in all of our interests to bring this matter to a close in an equitable and professional manner without the need for lengthy legal proceedings.”
The two sides have been in talks over a final settlement for the £240 million security contract, after G4S failed to provide all of its 10,400 contracted guards. The shortfall left the Government with no choice but to step in with military personnel.
LOCOG revealed the overall agreement reduced the payment due to G4S by £85 million, comprising £48 million to cover step-in costs by police and military and £37 million primarily for project management failures.
Neil Wood, LOCOG Chief Financial Officer, said: “The savings arising from this settlement brings the total savings to the public purse from the Locog venue security budget to £102 million compared to the position in December 2011.”