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The 2012 Summer Olympics, officially known as the '''Games of the XXX Olympiad''', will be held in London , United Kingdom from 27 July to 12 August 2012 . London will become the first city to host the modern Olympics Three Times , having previously done so in 1908 and 1948 . THE BIDDING PROCESS See Also: 2012 Summer Olympic bids By the bid submission deadline of 15 July 2003 , nine cities had submitted bids to hold the 2012 Olympics. These cities were Havana , Istanbul , Leipzig , London , Madrid , Moscow , New York , Paris , and Rio De Janeiro . On 18 May 2004 , the International Olympic Committee (IOC), as a result of a scored technical evaluation, reduced the number of cities to five: London, Madrid, Moscow, New York, and Paris. Throughout the process, Paris, after trying for three times, was widely seen as the favourite to win the nomination with London a close second. On 6 July 2005 , the final selection was announced at the Raffles City Convention Centre in Singapore , where the 117th IOC Session was held. Moscow was the first city to be eliminated, followed by New York and Madrid. The final two cities left in contention were London and Paris. At the end of the fourth round of voting, London won the right to host the 2012 Games with 54 votes, defeating Paris's 50. Numerous celebrations took place in London whilst crowds of supporters in Paris (which had been favourite to win) dispersed quickly after hearing that the 2012 summer games would be hosted in London. However, the celebrations in London were overshadowed when Terrorists Attacked London's Transport System less than 24 hours after the announcement. OLYMPIC DEVELOPMENT AND PREPARATION Details of the bid See Also: London 2012 Olympic bid The 2012 Olympics will use a mixture of newly built venues, existing facilities, and temporary facilities, including the 80,000 seat Olympic Stadium and the new Wembley Stadium . The majority of venues have been divided into three zones within Greater London: the Olympic Zone, the River Zone and the Central Zone. Some additional venues are, by necessity, outside the boundaries of Greater London. The Olympic Village will have 17,320 beds and provide each athlete with 16m² floor space, a TV, Internet access, and a private courtyard. The dining hall will be able to feed 5,500 athletes at a time. Public Transport will undergo a massive redevelopment, including the expansion of the London Underground 's East London Line , upgrades to the Docklands Light Railway and the North London Line , and the new " Olympic Javelin " service. There will be 8 million tickets for the Olympic Games themselves, and a further 1.6 million for the Paralympics. Organisers say that 75 per cent of all tickets will cost less than £50 and offer free travel on London transport, with the cheapest tickets for the athletics starting at £15. Additionally, there will be 20,000 £10 tickets for the Olympic Park to watch events on big screens. Developments after the bid See Also: 2012 Summer Olympic development The London Organising Committee For The Olympic Games (LOCOG) was put in place to oversee the development of the Games after the success of the bid, and held their first board meeting on 7 October 2005 . The committee, Chaired by Lord Coe , are in charge of implementing the games, while the Olympic Delivery Authority (ODA) are in charge of the construction of the venues. Various aspects of the Games have developed since the time of the initial bid. Some of these were in light of terrorist attacks in London on 7 July 2005 , and there were other unforeseen problems. The clarification of details and the announcement of new information has seen the plan develop further. Venues and infrastructure See Also: 2012 Summer Olympic venues The 2012 Olympics will use a mixture of newly built venues, existing facilities, and temporary facilities, some of them in well known locations such as Hyde Park and Horse Guards Parade . In the wake of the problems that plagued the Millennium Dome , the intention is that there will be no White Elephant s after the games. Some of the new facilities will be reused in their Olympic form, while others will be reduced in size and several will be relocated elsewhere in the UK. The plans will contribute to the regeneration of Stratford in east London which will be the site of the Olympic Park, and of the neighbouring Lower Lea Valley . However this will require the Compulsory Purchase of some businesses and this has caused controversy, with some of the business owners claiming that the compensation offered is inadequate. The purchased buildings would be demolished to make way for Olympic venues and infrastructure improvements. The majority of venues have been divided into three zones within on the Isle Of Portland in Dorset (which will host the Sailing events) and various stadiums across the UK . Public Transport , an aspect of the bid which scored poorly in the IOC's initial evaluation, will see numerous improvements, including the expansion of the London Underground 's East London Line , upgrades to the Docklands Light Railway and the North London Line , and the new " Olympic Javelin " service. The claimed aims of the organizers include making 90% of venues accessible by at least three forms of public transport, whilst allowing 93% of training facilities to be within 30 minutes travel of the atheletes' housing. Park and ride schemes also feature amongst the many plans aimed at reducing traffic levels during the games. Financing The principal items in the budget are listed below. All of these figures are estimates and they may change. The lists are incomplete: Costs
Revenue
Further expenditure, notably that on infrastructure, will be counted as outside of the olympic budget. SPORTS The 2012 Summer Olympics programme will feature 26 sports and a total of 35 disciplines. London's bid featured 28 sports, in line with other recent Summer Olympics, but the IOC voted to drop Baseball and Softball from the 2012 Games two days after it selected London as the host city. The IOC reinforced their decision to drop both sports during the Turin Games after they lost votes for reconsideration. They will be Olympic sports for the last time at Beijing in 2008 The UK's Guardian newspaper reported on Friday 28 October 2005 that open-air swimming disciplines will be added to the Beijing and London Olympic schedules. The paper also reported that women's boxing may be added to London; the IOC confirmed that women's boxing would not be including in Beijing because they "did not feel it merited inclusion in 2008". Before the removal of baseball and softball the organisers planned to issue 8 million tickets for the Olympics and 1.6 million for the Paralympics . It is planned that three quarters of all tickets will cost less than £ 50. Tickets to the Olympic Park, where events will be shown on giant video screens, will cost £10. It is estimated that 82% of available Olympic tickets and 63% of Paralympic tickets will be sold. BROADCASTING Continuing the IOC's commitment to providing over-the-air television coverage to as broad a worldwide audience as possible, London 2012 will be broadcast by a number of regional broadcasters. Though reduced dramatically since 1980, the United States television rights currently owned by NBC still account for over half the rights revenue for the IOC. Many television broadcasters granted rights to the games have bureaus and studios in London, but since at least the 1996 Olympics in Atlanta, rights-holder operations are hosted in the dedicated International Broadcast Centre (IBC). London's IBC is planned to be inside the security cordon of the Olympic Park. {Link without Title} Confirmed regional broadcasters include:
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