Home News France-Presse: Paris Olympics organizers face budget problems

France-Presse: Paris Olympics organizers face budget problems

© AFP 2022 / STEPHANE DE SAKUTINLogo for the 2024 Summer Olympics in Paris

MOSCOW, 22 Jul – The organizers of the 2024 Summer Olympics in Paris are facing major challenges regarding budget, transport availability and the anti-doping program, reports France-Presse.
In September 2020, the organizers of the Games announced a €400 million budget cut due to the coronavirus pandemic. It is noted that in the current situation, the French side will experience problems with the budget due to inflation. The sale of tickets for the Olympics will start in December this year, and sponsorship contracts have not been signed with all companies.
The company, which was set up to oversee the construction of Olympic venues and other infrastructure, including bridges and highways, has raised its budgeted spending estimate to 4 billion euros in the summer of 2021. Of these, 1.55 billion comes from the state budget. It is noted that additional costs will also have to be borne by the French authorities. However, cost overruns could result in lower public support for the Games.
It is argued that another problem for the organizers of the Games may be the availability of transport. The two metro lines that are supposed to link the Olympic venues with the center of Paris will not be completed on time, but the organizers and authorities say they have taken this into account. Concern is also raised by the organization of the Champions League final between Real Madrid and Liverpool, when security violations were recorded.
In addition, the International Olympic Committee (IOC) is concerned that the organizers of the 2024 Olympics started to create their own anti-doping organization too late. While the International Testing Agency (ITA) will assist with drug testing during the Games, the organizers must plan the logistics so that the agency can operate properly.
The Paris Olympics will take place from July 26 to August 11, 2024.



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