Hard Job To Make Empire Games Pay

Chronicle (Levin), 6 September 1949, Page 6

Hard Job To Make Empire Games Pay

.. ^ 1 AUCKLAND, Sept. 5. f The finance sub-committee of the British Empire Games organisation committee expeets the expenditure for the Games in Auckland next February to amount to over £58,000. This information was contained in a report from Mr. R. Porter, chairman of the finance sub-coinmittee, to a inqeting o± directors of British Empire Games (N.Z.) Ltd., , Mr. Porter said a budget prepared by the lnternai Aft'airs Department allowed for a cost of £39,35u. This figure, nowever, did not inelude £1000 for temporary stands, £1200 for wages of gatemen, an extra £2000 for ground rents and an additional £5000 for housing and catering. Other items of expenditure were at present estimated at £9750, including £5000 for posslble repairs and maintenance to Ardmore Coilege and £10U0 for additional entertainment. Other costs were unknown and if they eventuated the totai cost would be increased to nearly £68,000. If every available seat for all the events. was sold at the prices decided upon, the maximum income from the Games would be £78,000, contiuued Mr. Porter. However, the estimated totai for gate receipts was £51,860. Other income amounting to about £10,000 was expected from broadcast fees and film rights. It would be seen, tKerefore, that a careful watch had to be kept 011 expenditure or the guarantors and shareliolders would be faced with a small loss. The meeting authorised an expenditure of £58,185 within the individual limits specilied in the repbrt. The question of insurance against war and other risks, was deferred.