James and we are all wishing him a speedy recovery.James | Forum

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LAM Feb 1 '18
RIO DE JANEIRO -- The CEO of the Rio Olympics said Sunday that his privately funded operating budget needs just less than $30 million in public funding to meet its obligations. Rod Carew Jersey .Chief executive officer Sidney Levy had pledged that only private money would be used to run the Games. That promise was broken just more than a month ago, when the committee requested a bailout from the city of Rio de Janeiro and the federal government to run the Paralympic Games.Levy, speaking on the final day of the Paralympics, said, We committed ourselves to hosting the Games without any public funds, but during the journey, there were a lot of ups and downs that led to the overrun.The operating budget is for running the Games themselves and does not include roads and stadiums built to prepare the city. In a conservative estimate, Rio spent between $10 billion and $12 billion in public and private money readying the city -- much of the private money lured in by tax concessions and favorable loan terms from government lenders.Levy, who promised early in his term to run an operating committee free of corruption, said the final figure for the operating budget was $2.8 billion. He said the final government contribution would not be more than 1 percent of that.The dollar-denominated budget number has fluctuated over the years because of wide swings in that currencys value against the Brazilian real.The Rio organizing committee received a last-minute reserve fund of 150 million reals ($45.9 million) from the city of Rio de Janeiro. Levy said he expects to use about two-thirds of that fund.Brazils federal government also came up with another 100 million reals ($30.6 million). This comes in the form of sponsorships from three state-run entities, including the scandal-plagued oil company Petrobras.Levy said he does not regard the sponsorships as government money, although organizing committee members acknowledged they lobbied Brazil president Michel Temer for the outlay.This is a right Petrobras has to purchase this sponsorship as many other privately owned and other state-run companies do, Levy said. It is not government money that could be used for other things. Its their advertising money.Levy then added: By the way, they paid very little for it. It was very cheap for them.Levy said the annual salaries for its eight top directors would be available at the end of the year. The Brazilian newspaper Estadao reported last month the eight were paid an average of $25,000 per month in 2015.Levy also said the audit results of his budget would be made available.We follow the rules of all private companies that are listed on the stock market in Brazil, Levy said. Our [financial] statement cannot be doubted because they are audited and published. I insist on that. Byung-Ho Park Jersey . Argentina winger Ezequiel Lavezzi and France midfielder Blaise Matuidi scored, with star striker Zlatan Ibrahimovic setting up both despite having a poor game by his high standards. Forward Eduardo gave Ajaccio the lead in the sixth minute after being set up by right winger Benjamin Andre, and the Corsican side looked comfortable in the first half, with the lively Johan Cavalli causing problems with his probing runs from midfield. Paul Molitor Jersey . LOUIS -- Valtteri Filppula assisted on three of Tampa Bays four goals, and the Lightning beat the St. http://www.baseballtwinsprostore.com/twins-bartolo-colon-jersey/ . PETERSBURG, Fla. Wasps and England flanker James Haskell faces between four and six months on the sidelines because of injury.Wasps announced the anticipated long lay-off, with 31-year-old Haskell set to undergo reconstructive surgery on his big toe after being hurt during Englands second Test victory over Australia in Melbourne last month.Haskell missed the third Test as England claimed a history-making 3-0 series whitewash against the Wallabies, and he now looks likely to be unavailable for the autumn internationals at Twickenham in Nov. when England tackle South Africa, Fiji, Argentina and Australia on successive weekends.Haskell, who has won 70 caps, was named man of the series in Australia as England continued their impressive winning run under head coach Eddie Jones. But the England boss now faces a back-row reshuffle in November, which could mean a move for lock Maro Itoje.Northampton forward Teimana Harrison made his Test debut as Haskells replacement against Australia in Sydney, but he was substituted after just 30 minutes, with Courtney Lawes replacing him, Itoje moving to six and ex-England skipper Chris Robshaw switching to openside.Haskells absence is also a huge blow for Wasps, given his imperious form. Wasps begin their Aviva Premiership campaign in early Sept., while the opening four weekends of next seasons EEuropean Champions Cup pool fixtures take place during Oct. Ervin Santana Jersey. . and Dec. Wasps were semifinalists in both competitions last term.In a statement, Wasps said: James Haskells injury, sustained in Englands second Test against Australia this summer, requires surgery and the back-row is expected to be sidelined for four to six months.After limping off in Englands second Test against Australia, James Haskell will undergo reconstructive surgery on his big toe before returning to Wasps to complete his rehabilitation process.And Wasps rugby director Dai Young added: Were all really disappointed for James and we are all wishing him a speedy recovery.James performances with England, both in the 3-0 series win over Australia and in Englands Six Nations Grand Slam success, have been hugely impressive.Everyone at Wasps knows how hard James works to make those performances happen, and we know hell be working just as hard to come back in the best shape possible.Our medical team will be working closely with James over the next few months to get him back to full fitness, and in the meantime there will be a good opportunity for the other back row players we have at the club to stake a claim. 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