If we think abut it, Madrid 2020 would be a very positive thing that would create employment, but the cost of organising the Olympic games is extremely high. We can't forget that the 2004 Olympic games were celebrated in Athens (Greece), and now, 9 years later Greece is in economic crisis. At that time Greece wasn't having economic problems, but at this moment Spain is getting worse, I think that if Madrid had been elected, Spain wouldn't recover from so many expenses.
An important question is, did Spanish people really want Madrid 2020? The government said that the 91% of the Spanish people were happy to celebrate the Olympic games in Madrid, but many surveys indicate that the percentage of agreement didn't reach the 50% of the population.
A shameful fact is that the Spanish government spent 37,8 million euros in the candidature of Madrid, but at the same time they were trimming in health service.
But the most disgraceful thing of Madrid 2020 was the ridiculous speech of Ana Botella. She showed a "magnificent" level at English, that in words of her English teacher " was excellent, charming and easy to understand". In my opinion her speech was easy to understand if you didn't know English. Her tutor said that they practised the discourse "25-30 hours" (I don't think they took advantage of those hours). But, we all know that the best thing of that speech was the marvellous "relaxing cup of café con leche on Plaza Mayor", that makes everybody laugh, the interesting thing about this phrase is that it was prepared.
The tutor of Ms.Botella said that the phrase was his, "yes, it was my idea, as a foreign, for me, is an iconic image of Madrid, my function is to help the candidates to understand that the things they think that can be touristy, are in fact, flashy for the foreigners." The name of this man is Terrence Burns, that had worked for 4 winner cities earlier. The speech was a disaster, but Terrence Burns earned money, we don't know how much, but we can suppose he earned much money.
As a conclusion we can say that the Spanish government spent a lot of money in this candidature and on paying to a man that ridiculed the mayor of Madrid. However, when money is needed for education, the government says that there is not any money. And yes, they do more reductions. Before saying goodbye I will let you the video of the speech of Ms. Botella.
Sources:Noqueremosmadrid2020, 20minutos, El país
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