London 2012 chiefs are expecting to break even when they finalise their accounts for the operation of the Olympics and Paralympics - which spells bad news for the cash-strapped British Olympic Association.
Some running costs for LOCOG, the London organising committee for the Games, will continue until the end of the year but the bulk has been accounted for and organisers are understood to be confident there will be no call on public money.
There is unlikely to be any surplus left over either however - which would be a blow for the BOA who would be entitled to 20 per cent of any profit from the running of the Games.
(Sept 21, 2012 Mail Online)