The games resulted in increased investment in the national economy
The British government published a study saying that UK economy has already seen revenue of £ 9.9 billion from London Olympics of 2012, RBC reports.
Net of £8.9 billion expenses relating to the Games, the net income currently is around £1 billion.
Independent experts predict the UK will see £28-41 billion in profits from the Olympic Games by 2020.
The predictions are based on the data from signed contracts, as well as those to be signed. The study also accounted for foreign investment in the UK economy following the announcement of the decision to host the Olympic Games, amounting to £2.5 billion. Moreover, British companies were able to get involved in international sports projects, such as the Winter Olympics in Sochi, Rugby World Cup in Brazil in 2014 and the Olympic and Paralympic Games in Rio de Janeiro in 2016, which have already earned the nation’s economy about £1.5 billion.
