London has turned down the opportunity to host the start of the 2017
Tour de France, despite beating bids from cities such as Edinburgh and
Manchester.
The decision by the city has not gone down well with the race owners
after Transport for London (TFL) pulled out a day before contracts were
due to be signed.
"To ensure value for money we must make difficult choices," Leon
Daniels, managing director of surface transport at TfL, told BBC Sport.
"We have always said that the return of the Tour was subject to funding."
The timing of the decision has angered the Amaury Sport Organisation (ASO), the French company which owns the race.
As the body responsible for all transport policy in
London, TfL would have provided the funds for staging the Tour's opening
stages
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