Vanoc expects no profit in 2010 Games with economic slump
The organizers of the 2010 Winter Olympics no longer expect to leave a
financial surplus for future sport development.
The same worldwide economic downturn that has bankrupted companies and
left tens of thousands of people without jobs has also eaten up — for
now — any potential Olympic profit, John Furlong, the head of the
Vancouver Organizing Committee, said Wednesday.
Furlong said Vanoc is struggling just to make sure it breaks even when
the Games end next year.