London bid for the 2012 Summer Olympics being selected by the International Olympic Committee (IOC) when put up against other world cities in a competitive bidding process. On 6 July 2005 at its 117th Session in Singapore, the IOC awarded London the right to host the Games of the XXX Olympiad. The city beat the favourite Paris 54 to 50 on the fourth and final ballot. London is the first city to host the Games three times. At the time of the bid, the budget projection was around £2 billion, but it was later estimated that the true cost would be around £9 billion. The project involved
2010 Olympic Village Australia's Olympic teams; the Australian Olympic Committee owns the image's trademark. After IOC president Jacques Rogge discussed the issue with John Coates, chief of the AOC, it was confirmed that the flag could remain at the Olympic Village. "While the IOC is of the view that the display of the boxing kangaroo at the Olympic village is a breach of the IOC rules relating to clean venues, the IOC is not going to request us to take down the boxing kangaroo flag on this occasion," Coates said. The AOC was required to register the image with the IOC. The controversy