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  Marseille lays his last cards on the table (12/11/03)
 
(source : Yahoo.fr)

At few days before the unveiling ceremony, Marseille annonces that, beyond the announced efforts, the French Government is ready to go further to secure the €235 million budget.

Having already shouldered €40 million of the €123 million capital expenditures program, the Central Government could now help Marseille in the process of securing the €112 million administrative expenditures.

After the French prime minister Jean-Pierre Raffarin gives the go-ahead, a GIP (Groupement d'interêt public, Public Interest Group) will be created to enable a strong implication of the French State and other public authorities (the Regional Council, the General Council of Bouches-du-Rhône and the Marseille City Council).

A very positive operation for the local taxpayers since, as the French Prime minister wrote in his letter to Jean-Claude Gaudin, the GIP will take in charge the administrative expenditures and "at the proper time", will organize the relative share of contributions payable by each members.

A convenient new source of financing for the Marseille's bid.

 
   Previous News

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11/11/03
Some different news from the four cities

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10/11/03
Further details of AC venue announcement

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06/11/03
"Nothing is decided" AC Management said

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03/11/03
Portuguese fishermen protest again the Cup

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01/11/03
Did Russell Coutts leak the venue ?
 
 
 
 
 
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