Poland’s sport ministry lost millions over Madonna concert

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Poland’s ministry of sport lost close to PLN 5 million (€1.2 million) over last year’s gig by pop star Madonna at the National Stadium, local media reported. Former stadium operator the National Sport Centre (NCS) persuaded the ministry to lend it over PLN 6 million in preparation for the 1 August concert. The new stadium was Poland’s flagship arena for Euro 2012 football tournament, and the NCS had been set up to manage the complex in the name of the treasury. However, a report by Poland’s Supreme Audit Office (NIK) has revealed that the Madonna concert – the first big event following the football tournament - proved to be a financial disaster. The National Sport Centre had secured the rights to obtain sponsors for the event, as well as a portion of tickets to be sold. Yet in spite of the fact that the concert was confirmed a year in advance, and 35,000 people attended, no sponsor was found.

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