foxsports
London Olympic organizers say a surplus of $45 million from the 2012 Games will be handed out to the government, Britain's Olympic committee and others.
The British Olympic Association will receive $8 million, and another $4 million will go to the British Paralympic Association.
About $30 million will be returned to the government, which provided most of the funding for the $14 billion Olympic project.
Cash will go to international development projects that were central to London's Olympic bid.
ADVERTISEMENT
The London organizing committee, which was not responsible for building venues, reported spending $3.6 billion since winning the bid in 2005 and generating $3.7 billion.
share
