Wonderful news, England lost the World Cup

It is absolutely wonderful news that England has not got the World Cup. Marvellous marvellous news although we must feel sorry for the Russians.
Had we been lumbered with this extravagance, even the costs they would admit to would be another huge burden on the country. As it is, we have to cover the obscene costs of the 2012 Olympics. This will cost at the very least £10, 000, 000,000, all for four weeks of competition. That colossal sum would build 20 large hospitals that could stay in service for at least 50 years and the extra costs hidden in other budgets would pay for even more.
If these completions are as wonderful as we are told, then why not built permanent stadia and run them every year? Even if only the environmental costs are considered ,then for a few weeks entertainment the cost is outrageous. Annual Olympics always in one place, the same for football, would achieve even more of the sports benefits without the obscenity of the costs.