Homepage

We use cookies to track and analyse visitors to our website

These cookies help make the website usable by enabling basic functions like page navigation. They are necessary for our website to function and cannot be switched off.
These cookies gather information to understand how visitors interact with the website, such as how many people are using our website of which pages are popular to help us improve user experience. Switching off these cookies will mean that we cannot gather information to improve the user experience.
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by a third party provider whose services we have added to our website. Switching off these cookies mean that areas of our website cannot work properly.

Cookies are small text files that can be used by websites to make a user's experience more efficient.

The law states that we can store cookies on your device if they are strictly necessary for the operation of this site.

For all other types of cookies we need your permission.

This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.

You can at any time change or withdraw your consent from the Cookie Declaration on our website.

Learn more about who we are, how you can contact us and how we process personal data in our Privacy Policy.

Skip navigation
  • About us
    • Our Directors team
    • Our Board and panels
    • Strategic plan 2021-31
    • Annual reports
    • Our funders
    • Who we work with
    • Tenders
    • Contact us
  • Our work
    • Investing in sport
    • Investing in events
    • Powering positive change and social impact
    • International relations
    • Learning and development
    • Protecting and Transforming Olympic and Paralympic sport
    • Leadership and governance
    • Coaching
  • Events
  • News
  • Sports
    Olympic sports
    • Archery
    • Aquatics
    • Artistic Swimming
    • Athletics
    • Badminton
    • Baseball
    • Basketball
    • Bobsleigh
    • Boxing (Amateur)
    • View all
    Paralympic sports
    • Boccia
    • Goalball
    • Para-Archery
    • Para-Athletics
    • Para-Badminton
    • Para-Canoe
    • Para-Climbing
    • Para-Cycling
    • Para-Equestrian Dressage
    • View all
  • Resources
    • A Code for Sports Governance
    • Organisational Health
    • Para performance strategic framework
    • Board minutes
    • Complaints and whistleblowing
    • Eligibility
    • Fraud, corruption and bribery
    • Transparency and open data
    • HR policy templates
    • Pregnancy guidance
    • Reports and research
    • The Whyte Review
  • Jobs in sport
    • Working at UK Sport
    • Explore career pathways
    • Find jobs in sport
    • Advertise sport jobs
  • About us
    • Our Directors team
    • Our Board and panels
    • Strategic plan 2021-31
    • Annual reports
    • Our funders
    • Who we work with
    • Tenders
    • Contact us
  • Our work
    • Investing in sport
    • Investing in events
    • Powering positive change and social impact
    • International relations
    • Learning and development
    • Protecting and Transforming Olympic and Paralympic sport
    • Leadership and governance
    • Coaching
  • Events
  • News
  • Sports
    Olympic sports
    • Archery
    • Aquatics
    • Artistic Swimming
    • Athletics
    • Badminton
    • Baseball
    • Basketball
    • Bobsleigh
    • Boxing (Amateur)
    • View all
    Paralympic sports
    • Boccia
    • Goalball
    • Para-Archery
    • Para-Athletics
    • Para-Badminton
    • Para-Canoe
    • Para-Climbing
    • Para-Cycling
    • Para-Equestrian Dressage
    • View all
  • Resources
    • A Code for Sports Governance
    • Organisational Health
    • Para performance strategic framework
    • Board minutes
    • Complaints and whistleblowing
    • Eligibility
    • Fraud, corruption and bribery
    • Transparency and open data
    • HR policy templates
    • Pregnancy guidance
    • Reports and research
    • The Whyte Review
  • Jobs in sport
    • Working at UK Sport
    • Explore career pathways
    • Find jobs in sport
    • Advertise sport jobs
Popular content on our site
Prepare to “Find Your Greatness” as search for UK's future athletes gets underway The National Lottery operator Allwyn launches ChangeMakers fund for athletes as they make a difference back home Breadth of success targeted as British Olympic and Paralympic performance aspirations confirmed for Paris Investing in sport Strategic plan 2021-31
News

UK Sport response to Olympic bid report

Published 1 November 2002

UK SPORT, a major funder of the cost-benefit analysis report into a possible London bid for the 2012 Olympic Games, welcomed today’s publication of the key findings.

The report, prepared by Arup, concludes that bidding for and staging the Olympics would result in an overall cashflow position of between plus £82 million and minus £145 million, with the capital and staging costs of hosting the world’s largest sports event balanced by the wider economic, social, sporting and cultural benefits.

The Government now has until the New Year to consider whether or not to support a bid.

John Scott, Director of International Relations and Major Events at UK Sport – the organisation responsible for supporting the staging of world class events in the UK – says that the report concludes that Britain is capable of delivering a successful Games.

"If Britain is truly serious about sport, then the Olympic Games is an event we should aspire to host," explained Scott, a member of the Stakeholders Group that commissioned the report.

"UK Sport’s overall goal is for the UK to be one of the world’s top five sporting nations by 2012 – securing the Olympics would be a major factor in achieving this aim.

"Though the report does say that the Games may not guarantee a financial profit, the primary reason for staging the Olympics should always be the potential sporting, cultural, and social legacy the Games can bring to the country, which is often much harder to quantify.

"Staging the Games is a unique opportunity to regenerate a vast area of east London, leaving behind a network of world class sports facilities and a greatly enhanced transport infrastructure. Added to the increased tourism to the UK during and after the Games, not to mention the improved performances by British athletes competing in front of a home crowd, it is clear that the benefits of hosting the Games are indeed enormous."

Scott went on to say that hosting the Olympics would give London the chance to reverse the city’s international reputation.

"Whilst London is one of the world’s great cities, it does suffer from some negative international perceptions. If one adds the international publicity given to certain high profile ventures such as Wembley and the Millennium Dome, there is also a view that Britain is incapable of delivering major projects.

"But the Commonwealth Games in Manchester and the numerous World and European Championships staged in the UK each year with the assistance of UK Sport’s World Class Events Programme are gradually changing those perceptions.

"The Olympic Games would be the perfect way for the UK to signal its intent as a sporting power, showcasing London to the rest of the world as a city of the 21st Century."

Share
  • X
  • LinkedIn
  • Email

News

Participants of the UK Sport Athlete To Coach programme taking part in a fireside conversation
UK Sport launches new programmes to support coaching across the high-performance community
21 May 2025
Headshot of Professor Nick Webborn CBE
Professor Nick Webborn CBE appointed new Chair of UK Sport
19 May 2025
Decoration image with the logos of UK Sport and Weirdo
Transforming fan experience: UK Sport introduces new engagement strategies for Olympic and Paralympic sports
15 May 2025
Looking to work in sport?
Find or advertise sports jobs in the UK
Search now
Our funders
  • Funded by UK Government
  • TNL partners
Who we work with
  • British Olympic Association
  • Paralympics GB
  • Logo of the UK Sports Institute
  • Sport England
  • Sport Northern Ireland
  • Sport Wales
  • Sport Scotland
  • Logo of the British Elite Athletes Association
  • Logo for UK Coaching
  • Logo of Sport Resolutions
Sitelogo
Sitemap
  • Homepage
  • About us
  • Our work
  • Events
  • News
  • Sports
  • Resources
  • Jobs in sport
  • Website terms and privacy policy
  • Editorial policy
  • Cookies policy
  • Accessibility
  • Freedom of Information
  • Welsh language scheme
  • FAQs
Contact
UK Sport
6th Floor
10 South Colonnade
London
E14 4PU
E: info@uksport.gov.uk
T: +44 (0) 20 7211 5100
Follow us
Twitter Youtube Instagram LinkedIn

© Copyright UK Sport 2025