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BOA duo barred from LOCOG board meetings as dispute escalates

A dispute over the 2012 Olympics financial surplus escalated on Thursday when it emerged that British Olympic Association (BOA) chairman Lord Moynihan and CEO Andy Hunt had been barred from board meetings of the London organising committee for the Games (LOCOG).

The cash-strapped BOA has been at loggerheads with LOCOG and the International Olympic Committee over its share of revenues from the London Games, with the Association arguing that the finances of the Olympics and the Paralympics should be kept separate. The IOC ruled in favour of LOCOG's stance last week, but the BOA has appealed to the Court of Arbitration for Sport in Lausanne, Switzerland.

The London 2012 organising committee stated that it had invited the BOA to nominate replacements for Moynihan and Hunt while the duo "are individually and actively involved in pursuing a dispute against LOCOG". The statement added: "The BOA is ably represented on the LOCOG board by HRH the Princess Royal, Sir Craig Reedie, Sir Philip Craven and Adam Pengilly."

The BOA released a statement late on Thursday which responded: "We do not feel a similar action is necessary and we are not taking the same steps as LOCOG. We continue to welcome British International Olympic Committee members, all of whom are LOCOG directors, and their contributions in the interests of the athletes and the success of the Games."

The BOA added: "This decision by LOCOG will have no bearing on our primary responsibility, which is to prepare Team GB for the London 2012 Olympic Games." The latest development has come ahead of an important few days for London 2012, with the IOC set to visit the city to inspect preparations and the International SportAccord Convention, a major gathering of International Federations, due to take place early next month.

Earlier on Thursday, the International Paralympic Committee (IPC) accused the BOA of "undermining the vision" of London 2012 as a single sports festival. "The London 2012 Paralympic Games will not make a loss and will more than cover its costs," said IPC chief executive Xavier Gonzalez.