Olympic Diploma of Merit Olympic Diploma of Merit The Olympic Diploma of Merit (not to be confused with the Olympic Diploma awarded to athletes) was an award given by the International Olympic Committee (IOC) to recognise outstanding services to sports or a notable contribution to the Olympic Games. By 1974, the last time the awards were granted, just 58 people had received the award. Pierre de Coubertin, the originator of the modern Olympic Games, created the honour during the Brussels Olympic Congress of 1905 for those who had made outstanding services to sports or to those who had a major contribution in promoting the
London Organising Committee of the Olympic and Paralympic Games not responsible for building permanent venues, reported spent £2.38 billion since winning the bid in 2005 and generated £2.41 billion. On 30 May 2013 it handed back to the government, Britain's Olympic committee and other beneficiaries a surplus of £30 million from the 2012 Games. The British Olympic Association received £5.3 million, the British Paralympic Association £2.6 million, and £20 million was returned to the Department for Culture, Media and Sport. On 6 July 2005 the International Olympic Committee (IOC) chose London as the host city for the 2012 Olympic Games. After the success of the London bid, LOCOG was