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Friday, March 25, 2011

Knobheads Pissing Money Away!

Pissing Money Away

I noted earlier this month that the British Olympic Association (BOA) seems to be "pissing money away".

Not content with the flow rate of piss, the BOA have now got themselves involved in a costly and time consuming legal spat with Locog.

The Guardian reports that Locog are now so "irked" by the BOA that they have barred the BOA chairman Lord Moynihan and the chief executive Andy Hunt from attending its board meetings.

Aren't these "illustrious" bodies meant to be focused on organising the 2012 Olympics?

The dispute is over how any post Games surplus (there's optimism for you!) should be defined.

The BOA argues that the surplus should be calculated before any loss from the Paralympics is taken into account. Locog and the IOC argue that the Olympics and Paralympics should be treated as an integrated whole.

Given that the BOA is skint, the fact that it resorts to costly litigation over a technicality that is unlikely to become reality hardly "burnishes its brand".

Were there to be gold medals awarded for pissing money away, the BOA would be top of the league tables!

Olympic Medals won during the Beijing 2008 Olympics

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