The Paris 2024 Olympic Games Organizing Committee announced this week a surplus of €26.8 million on a total budget of €4.5 billion. Tony Estanguet, president of the committee, called the event a “real success” and attributed the results to a decade of collective work.

This surplus is mainly due to successful ticket sales, which exceeded expectations and set a new record for the number of tickets sold. In addition, sponsorship income exceeded expectations by 150 million euros, with 84 partner companies financing a significant portion of the budget.

ALLOCATION OF THE SURPLUS: SCHOOL SPORTS

The allocation of the €26.8 million surplus will be discussed at the committee’s next board meeting. Estanguet has indicated that these funds will be allocated to the sports field, highlighting programs such as the “thirty minutes of sports per day” in primary schools, an initiative that seeks to consolidate in the long term.

It is important to note that the budget of 4.5 billion euros does not include the security costs of the event, estimated at more than 1 billion euros. These costs were borne by the French State, which is responsible for security and transportation during the Games.

ECONOMIC IMPACT AND INTERNATIONAL VISIBILITY

According to Estanguet, the Olympic Games generated approximately 9 billion euros in benefits for France. In addition, media coverage reached 5 billion people, more than half of the world’s population, showing a positive image of the country.

This financial and organizational success reinforces France’s position on the international sports scene and highlights the effectiveness of the planning and execution of major events, leaving a positive legacy for future editions of the Olympic Games.