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  • Opening Statement (Supplementary) [3]

    • Question by: Richard Barnes
    • Meeting date: 08 October 2008
    You have already said that you would consider any form of funding. Have you considered a Sharia bond from the Islamic banks?
  • Opening Statement (Supplementary) [4]

    • Question by: Dee Doocey
    • Meeting date: 08 October 2008
    First of all can I congratulate you on the work you have done so far. I think you have done a spectacular job and long may it continue. I do not underestimate how very difficult it has been to get to this stage. I think it is very good and I am sure we are all impressed. My question is, in a worst case scenario how much of the contingency are you likely to have to use in order to rescue the financing of the Village and the Media Centre?
  • Opening Statement (Supplementary) [5]

    • Question by: Andrew Boff
    • Meeting date: 08 October 2008
    John, are we facing the prospect that the Olympic Village might be completely funded by taxpayers?
  • Opening Statement (Supplementary) [6]

    • Question by: Richard Barnbrook
    • Meeting date: 08 October 2008
    Thank you for a very well presented report. I am a little concerned with the costing, whichever proportion is given over to the taxpayer of London and the UK Government tax collection from the people. You mentioned the credit crunch. This morning 400 points was taken off the Financial Times Index within the first hour of opening and that probably will not change for the foreseeable future. I come back to the aspect of the Stadium first. Mayor Boris has made it quite clear that the £500 million Stadium will, at the end of the Games, go back to 25,000...
  • Opening Statement (Supplementary) [7]

    • Question by: Darren Johnson
    • Meeting date: 08 October 2008
    On the funding of the Olympic Village, you have said it is extremely unlikely that there will be a scenario where 100% will be coming from public funds through contingency, but what proportion are you looking at now in terms of the mix of different sources of funding for the Olympic Village?
  • Opening Statement (Supplementary) [8]

    • Question by: John Biggs
    • Meeting date: 08 October 2008
    I do appreciate that most of the questions we want to ask you are probably subject to commercial confidentiality and so the last thing you want to do is announce the answers in public, but I will try one and maybe you can give us a thoughtful answer on this. It is about the IBC, the Media and Broadcast Centre. Is there a risk that it might not ultimately be built where it is proposed that it be built but that an opportunity might arise out of current other developments in the property market to relocate them within the Stratford...
  • Opening Statement (Supplementary) [9]

    • Question by: Gareth Bacon MP
    • Meeting date: 08 October 2008
    I have a couple of questions really, mostly around sporting legacy. It is something that I am very interested in. The first one concerns one of the venues and the second one is about the Stadium itself. It touches on some of the answers that you gave earlier. The first one is about the equestrian events in Greenwich Park. I was quite gratified by your response to Mr Biggs' question about possible cash savings. I know that KPMG is doing a review on that. The issue I think that I personally have with Greenwich Park is that it will cost...