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Olympics 2024: inflation, security, sponsorship, the bill will inevitably slip.

It is as regular a tradition as the Olympic Games. Every four years, the initial budget is significantly reduced. In 2012, London had a forecast of 3.4 billion euros. The cost of the games will be about 12 billion. Four years later, spending in Rio, Brazil, multiplied by 2.5, from 6.5 to 17 billion. A drift that the organizers of the Paris 2024 games absolutely want to avoid.

But the situation is starting to run away from the organizers. The flare-up of inflation in the economy, uncertainty over revenue and the mandatory increase in the security bill have thrown the budget into a phase of uncertainty. It consists of two different parts. First, 3.9 billion of the Organizing Committee of the Olympic Games (Cojo), which correspond to the tests themselves. Then 3.4 billion to Solideo (Olympic Works Delivery Company), which supports the delivery of 64 works, from the Centre…

Source: Le Figaro

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