Passage: News that the Olympic Games would return to Greece was well received by the Greek public, media, and royal family. According to Coubertin, "the Crown Prince Constantine learned with great pleasure that the Games will be inaugurated in Athens." Coubertin went on to confirm that, "the King and the Crown Prince will confer their patronage on the holding of these games." Constantine later conferred more than that; he eagerly assumed the presidency of the 1896 organising committee.However, the country had financial troubles and was in political turmoil. The job of prime minister alternated between Charilaos Trikoupis and Theodoros Deligiannis frequently during the last years of the 19th century. Because of this financial and political instability, both prime minister Trikoupis and Stephanos Dragoumis, the president of the Zappas Olympic Committee, which had attempted to organise a series of national Olympiads, believed that Greece could not host the event. In late 1894, the organising committee under Stephanos Skouloudis presented a report that the cost of the Games would be three times higher than originally estimated by Coubertin. They concluded the Games could not be held, and offered their resignation. The total cost of the Games was 3,740,000 gold drachmas.

Question: WHAT DID THEY CONCLUDE AND WHAT DID THEY DO?
the Games could not be held, and offered their resignation