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• Question by: Damian Hockney
• Meeting date: 08 September 2005

You say `overpay.'

• Question by: Damian Hockney
• Meeting date: 08 September 2005

This is not like-for-like, is it? I am looking at a number of businesses, like Sortex, M Laurier and Sons, all of whom have made public statements, `We would be delighted with just simply like-for-like. We do not want to make any money. We were promised that.' What they are going to be, if anything ' £600,000 short. Let me just put it to you: if I came to you and wanted to take your flat in the area or house in the area, and then what happened was that in the process of all this, I took it from...

• Question by: Damian Hockney
• Meeting date: 08 September 2005

Mayor, how can you honestly suggest that these people would lobby against the Games? They were lobbying for their interests. Many of them stand to go bust. Many of them stand to genuinely lose their business. I am a businessman. Sally Hamwee (Chair): I said a short question. Damian Hockney (AM): I know if I were offered that compensation, I would be dead.

• Question by: Damian Hockney
• Meeting date: 08 September 2005

Like (Robert) Mugabe (president of Zimbabwe) ' exactly.

• Question by: Angie Bray
• Meeting date: 08 September 2005

Can I just put it to you that I do think that you are reneging on your duty as the man who is meant to lead for London's interest. It is absolutely clear that, if there had been a review, it is not a matter of you rolling over. You could have used the opportunity, could you not, to press for some guarantees? You said yourself that you do not think Londoners should pay a penny more than they are already committed to ' the £625 million. The fact is, however, that this Memorandum of Understanding hangs over us like...

• Question by: Angie Bray
• Meeting date: 08 September 2005

Let us stick with the point, shall we?

• Question by: Angie Bray
• Meeting date: 08 September 2005

Personal abuse tends to suggest I am winning the argument, by the way. I was always taught that. I will put it to you one more time: is it not a good opportunity for you to show how you can flex your muscles as Mayor of London, and at the very least press for some kind of guarantee that whatever the overspend is ' and I am hoping it is not going to be great; let us hope it is the most efficiently-delivered bid of all ' that would be fantastic ' but let us also have a belt and...

• Question by: Angie Bray
• Meeting date: 08 September 2005

Why are you not using the review to do that?

• Question by: Angie Bray
• Meeting date: 08 September 2005

£625 million overall ' yes, exactly.

• Question by: Murad Qureshi
• Meeting date: 08 September 2005

I just wanted to delve into the funding arrangements with the IOC and television revenues. It is clear to me, after Beijing we will probably see huge expansion in the world television market ' almost by 30%. I was wondering whether we should try to get a percentage of the television revenue, rather than a total amount.