London 2012's finance chief on branded as 'untrue' claims that he predicted the Olympics will make a £400million profit as the cash row with the British Olympic Association took a further twist.
The forceful response by Neil Wood is aimed at claims made by BOA chairman Lord Moynihan in a letter to all Olympic sports last week.
Moynihan is scheduled to meet with the Government on Tuesday morning in an attempt to resolve the rift.
The latest escalation relates to the BOA writing in a letter to its membership of national sporting bodies that Lord Coe's organising committee (LOCOG) told them the Games would make a surplus of £400m.
The BOA want a 20 per cent share of that pot before it is potentially diluted by the cost of the Paralympics.
Moynihan is scheduled to meet with the Government on Tuesday morning in an attempt to resolve the rift.
The latest escalation relates to the BOA writing in a letter to its membership of national sporting bodies that Lord Coe's organising committee (LOCOG) told them the Games would make a surplus of £400m.
The BOA want a 20 per cent share of that pot before it is potentially diluted by the cost of the Paralympics.
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