BOA and Locog agree to new talks over 2012 finance row

The British Olympic Association and the London 2012 organising committee have agreed to fresh talks aimed at settling their bitter financial row. The BOA has asked the Court of Arbitration for Sport to indefinitely suspend its request to rule on the division of any surplus from 2012. The BBC has learned that the BOA has [...]


Olympic Committees Compromise in Revenue-Sharing Dispute

The United States Olympic Committee reached a temporary compromise Friday with the International Olympic Committee in their heated dispute over revenue sharing.
Officials from both organizations met in Denver and agreed to wait until 2013 to discuss the issue. At that time, they will restart talks about redistributing the revenue from global sponsorship partners and television [...]