John Furlong, chief organizer of the Vancouver 2010 Winter Olympic Games, says the Games will at least break even, reports the Associated Press.
Furlong says in his final report to the International Olympic Committee (IOC) Wednesday that he is “absolutely confident that we will deliver these Games on a balanced budget”.
The Vancouver 2010 Organizing Committee had previously reported a shortfall of up to $37 million on its $1.75 billion operating budget. The IOC has pledged financial assistance if Vancouver 2010 ends up with a deficit.
Furlong also told The Associated Press that a new sponsor will be announced in “another week or so”.