British Olympic Association could be bankrupt by 2012 Visit Sporting Bet Save For Later Posted by Bettingpro Staff 17 Jun 2009 Tweet Related Articles See all London 2012 news Share it Pin It The British Olympic Association has made a £1.5m loss last year, needing the Organising Committee for London 2012 to step in with more funds. Revelations that a £2m payment to help keep the British Olympic Association surfaced. If the organisation continues to lose money at this rate it could be bankrupt by 2012 British Olympic Association chairman Lord Moynihan will face stern questions about its finances and whether they are being overstretched ahead of London Olympics 2012. The loss follows a deficit of £1.3m in the preceding year. Read our Sporting Bet review Get £50 free bets at SportingBet - use the promo code MAXIMUMBONUS Like Like Post to wall 360 Reads All Olympics News Recent Olympics Articles 2012 Olympic Games Odds – Flame failure costs bookies on day three21 May 2012Bookmakers William Hill are paying out a small four figure sum after the Olympic flame failed on da David Beckham 12/1 to light Olympic flame19 May 2012David Beckham brought the Olympic flame back from Greece and is now being tipped to light the flame David Beckham 4/7 To Make Team GB Olympic Squad17 May 2012William Hill are betting on David Beckham taking part in the Olympics after the ex-England skipper Olympic Games Betting – Team GB rowers eye more medals in London07 May 2012William Hill are betting on how many medals will be won by Team GB rowers at this summer’s Olympic Olympic Games Betting – Team GB single set for number one?05 May 2012William Hill believe Team GB’s official single for the London 2012 Olympics will reach number one i FIH Hockey Women's Olympic Qualification Live Streaming04 May 2012Japan and Azerbaijan will battle it out on Saturday for a spot at the London Olympics as they clash More Stories Recent Articles St Helens v Wigan Warriors - Super League Live Stream26 May 2012St Helens versus Wigan Warriors maybe classed as the biggest derby in rugby league but this will be Shanghai Shenhua v Guizhou Renhe live stream preview26 May 2012Shanghai Shenhua look to kick start their season at home to Guizhou Renhe in the Chinese Super Rafael Nadal French Open 2012 odds – Nadal 8/11 favourite to claim number seven26 May 2012Rafael Nadal is the overwhelming favourite to continue his dominance of claycourt tennis by winning Bradford Bulls v Leeds Rhinos - Super League Live Stream26 May 2012Defending Super League champions Leeds Rhinos go into battle against their fierce rivals in the Bra Slovenia v Greece live stream preview26 May 2012Greece continue their Euro 2012 preparations with a friendly against Slovenia on Saturday evening. Huddersfield Giants v Salford City Reds preview26 May 2012Magic Weekend enters its second and final day on Sunday with Catalan Dragons and the London Broncos More Stories Tags British Olympic Association, London, London 2012, London Olympics, Olympics
