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KPMG reviews three Olympic venues for viability

AccountancyAge.com, Accountancy Age, 29 Aug 2008

KPMG has been brought in to evaluate three 2012 Olympic venues for their viability

The Department for Culture, Media and Sport (DCMS) has confirmed it has called in KPMG to review plans for the equestrian, shooting and basketball 2012 Olympic venues to see whether they will deliver value for money.

Plans are for the 23,000-seater stadium for equestrian events at Greenwich Park and the 7500-seat shooting facilities at the Royal Artillery Barracks in Woolwich to be dismantled after the games, BBC News reports.

The 12,000-seat basketball arena to be built in the main Olympic Park, which will only stage the qualifying rounds, has also been earmarked for relocation.

‘This is one of a number of reviews of Olympic venues to ensure they are being delivered as efficiently as possible and meet both games and long-term legacy requirements,’ a DCMS spokesman said.

Further reading:

Going for gold

Profession still unsure as Olympics heads for London

Read the BBC News story

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