Food & Drink1 min ago
Olympic Sponsors
4 Answers
Received this today from 38 Degrees (condensed version)
The UK's winning Olympic bid included huge tax breaks for sponsors. As a result, massive multi-nationals like Coca-Cola, McDonald's, Acer, Visa, Panasonic, Samsung and Adidas stand to make a tax-free fortune.
The whole reason these gigantic companies are involved in the Olympics is for the image boost it’ll provide.
Personally think this is a disgrace, but have come to expect little else from this government. If you feel you would like to add your voice to the petition you can find out more at:
https:/ /secure .38degr ...k/ol ympic-t ax-dodg ing
The UK's winning Olympic bid included huge tax breaks for sponsors. As a result, massive multi-nationals like Coca-Cola, McDonald's, Acer, Visa, Panasonic, Samsung and Adidas stand to make a tax-free fortune.
The whole reason these gigantic companies are involved in the Olympics is for the image boost it’ll provide.
Personally think this is a disgrace, but have come to expect little else from this government. If you feel you would like to add your voice to the petition you can find out more at:
https:/
Answers
Best Answer
No best answer has yet been selected by maggiebee. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Sponsors financial support throughout the bid process and in the staging of the Games is what makes it all possible.
They are businesses not charities - they expect and are entitled to a payback.
I read yesterday that people in Redbridge are 'outraged' that Sir Martin Sorrell CEO of WPP is one of the torch bearers through their borough because 'they don't know who he is'.
Well for one thing, he has given free advice and support to the Olympic Organisers for years, including help with the bid in the first place. No doubt more of a contribution than any of Redbridge's residents.
They are businesses not charities - they expect and are entitled to a payback.
I read yesterday that people in Redbridge are 'outraged' that Sir Martin Sorrell CEO of WPP is one of the torch bearers through their borough because 'they don't know who he is'.
Well for one thing, he has given free advice and support to the Olympic Organisers for years, including help with the bid in the first place. No doubt more of a contribution than any of Redbridge's residents.