His biggest fear now is how the grass-roots will be affected by a crisis which has yet to show an end in sight. He said the IOC and major federations were well protected by multiyear contracts bringing in heaps of sponsorship.
"But at the base, the small clubs, it will be difficult because there is less aid from the national federations, less sponsorship and fewer ticket sales," Rogge said.
Yet he is confident Europe's troubled nations will survive the sporting crisis.
On July 1, Spain and Italy played in the European Championship football final, while much wealthier countries like Germany, the Netherlands and Britain were eliminated.
"In European and world championships," Rogge said, "you see that southern countries are still very strong, despite the crisis."
Italian Olympic committee President Giovanni Petrucci is hoping to prove that in London, no matter the financial conditions back home.
"I don't want to hear excuses," Petrucci said. "If we lose, it's not because of the money."
AP Sports Writers Michael Casey in Doha, Qatar, and Andrew Dampf in Rome contributed to this report.
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