To brief about the London olympics 2012-
Out of nine bidding cities Havana, Istanbul, Leipzig, London, Madrid, Moscow, New York, Paris and Rio de Janeiro, London won the right to host the 2012 Olympics.
According to the very recent news by BBC-
"The London Olympics project is facing a "worryingly tight" financial position, a Commons committee has warned."
"The foundations for success are in place but we are in no way complacent"
Olympic Delivery Authority spokesman
As an olympic fan, we are just eagerly waiting got this even to commence.