He dismissed criticism surrounding the cost of the Games and said, “"London has made a lot of progress and the timelines of the project are going according to schedule. It would be wrong for the IOC to make knee-jerk reactions to the figures being mentioned and to the discussions of the past weeks since we prefer to take a closer look when we visit London next year.”
He said, “I believe we will see an operational budget still in line with the bid-book. The Government investments budget only partly concerns Olympic projects. I believe the increases mentioned have nothing to do with the Games and can be easily explained, but we will look into this more with our London colleagues in due course. It is important that media don't lump all costs together under 'Olympic costs' when in reality only part of the investments are directly Games related."
The IOC co-ordination commission's next full inspection of London will take place in June.
