Complex sentence: The cost of the event, estimated at £1.5m, was partly met by European legacy funding from Liverpool's 2008 Capital of Culture year, but early forecasts suggested it resulted in a £12m boost to the city's economy.
Split into simpler sentences: The cost of the event, estimated at £1.5m, was partly met by European legacy funding from Liverpool's 2008 Capital of Culture year. Early forecasts suggested it resulted in a £12m boost to the city's economy.