This sets out the rules of what cities bidding for the games are allowed to do.
"He's done a great job in bidding for the Games, he's a great personality, he's a very likeable person, but it's the law of sport, " he said.
As a city bidding for the games or for any major event for that matter, it is worth understanding the Olympics way of looking at the world.
FORBES: How To Market an Olympic Bid City Or an EXPO bid city To Win.
This steep rise may discourage cities from bidding to host the games in future.
The International Olympic Committee visited China for a four-day inspection of the capital, Beijing, which is bidding to host the games in 2008.
One executive involved in the bidding said bids for four Games would average 5%-10% higher on a per-Games basis than bids for just the 2014 and 2016 Games.
The 31-year-old, bidding to star in his fourth Commonwealth Games, won the Welsh 100m final at a canter on Saturday weekend but withdrew from his favoured 200m race just before the final.
When London began its bid for the Olympics in 2006, local teams simultaneously began bidding for tenant rights to the stadium once the games were over.
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Meanwhile, it was revealed on Tuesday that there are four parties bidding to take over the Olympic Stadium after the Games have finished, including one connected with Formula One racing.
"We can see a shift in the bidding to countries and to cities that can afford these Games, " said Janice Forsyth, director of the International Centre for Olympic Studies at the University of Western Ontario.
But it was widely thought that a successful Commonwealth Games would lead to a third entry into the bidding process.
One big reason:ESPN owns the games outright, paying nothing for TVrights, sidestepping bidding wars and avoiding any risk of losing a franchise it created to a rival channel.
Owner of the Seibu Lions pro baseball team, he set his sights on bringing the Olympic Winter Games to Nagano a decade ago, as honorary chairman of the Nagano Bidding Committee.
During the Olympic bidding, officials vowed that broadcast and other revenues would cover all operating costs for 16 days of games.
The Belgian, bidding for back to back grand slams at the Australian Open later this month, won the first eight games against Molik, who is returning to major tournament action after being sidelined since the 2008 Beijing Olympics.
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