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And personally I think that price is excessive?
It's a gravy train for lots of Olympic Committee officials, the next WINNING country to host the games will all travel to London to see how it was done.
The London hoi poloi of the Olympics Federation blah blah will all travel to the next Hosting Country to advice on how they did it, security, planning, BS BS etc. and so it goes on .......
The athletes and patriotism are mixed in there somewhere.