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Audit Places Paris 2024 Public Cost at €6 Billion, COJO Rejects Estimate

COJO maintains the true public spend was closer to €2 billion

Olympia ist Geschichte, die Kosten wirken nach

Overview

  • The French Court of Audit’s first detailed estimate breaks down the €6 billion cost into €2.77 billion for organization (including €1.4 billion on security) and €3.19 billion for infrastructure.
  • COJO finance chief Fabrice Lacroix labeled the audit’s figures as disproportionate, arguing they include expenses not directly tied to the Games.
  • Auditors estimate that cleaning the Seine for swimming events accounted for between €200 million and €1 billion, a key point of contention.
  • Organizing Committee accounts show a €76 million surplus on €4.4 billion of expenditures, the bulk of which were privately financed.
  • Officials say the audit’s findings will inform budgeting and oversight plans for the 2030 Winter Olympics in Nice and the French Alps.