The Commonwealth Games effect: the opportunities and the challenges

Costing £778m to stage and an extra circa £496m to build housing for the athletes, the Commonwealth Games will be the most expensive sporting event since the 2012 London Olympic Games. The Commonwealth Games, which will be held in 2022 in Birmingham, will require Birmingham City Council to seek funding for a quarter of the Games budget and borrow £300m from the Public Works Loan Board to forward fund the delivery of 1,400 homes for the athletes' village. Leader of the council, Ian Ward, is hoping to capitalise on the benefits that