posted on Jun, 7 2005 @ 02:38 PM
New York Olympic bid leaders are to discuss whether to pull their city out of the race to host the 2012 Games. The move comes after a state government
panel refused funding for the Olympic stadium near Madison Square Garden.
New York mayor Michael Bloomberg said he would "consult with the United States Olympic Committee" on the prospect of withdrawing the bid.
He had earlier admitted that rejection of the stadium would "seriously damage" New York's chances of victory.
Bloomberg said on Tuesday that New York had "let America down".
Link... BBC Sport.com