Blazer, whose own blog features a meeting last summer with the Russian Prime Minister, Vladimir Putin, said: "England clearly had a great bid.
"Their final bid was a great bid, there is no doubt about that," Thompson told BBC Scotland.
"If anything it might in a very small way count in our favour in that we're showing I think a degree of tenacity to be back with a great bid".
Despite the considerable risks of actually hosting the Olympics, there's something to be said for the boost a great bid can bring to a region that always needs to work on its communal elan.
DealBook » The Trade: TARP Move Is No Plus for Taxpayer | Jesse Eisinger of ProPublica says the Treasury Department isn't getting great bids on some investments in small banks, to the detriment of taxpayers.
The problem is that the Treasury Department isn't getting great bids on some of the bank paper, even on the shares of banks with strong profits and strong capital.
"Each of the four cities had great bids, but we wanted this to be a game changer for the city, and of the four it was Hull's time".
"I've been a free agent since December 31, and I'm in the middle of a lot of great bids from a lot of different labels," he said.
The greater the bid is from the ask price, the more liquid it is.
