The Paris Olympic Games earned 27 million euros in profit

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The accounts of the Paris Olympic Games held last summer show a surplus of 26.8 million eurosthanks to a record number of tickets sold and the money raised by the sponsoring companies, which in both cases exceeded expectations.

“It’s been a real success.”featured the president of the Organizing Committee of the Olympic and Paralympic Games (COJO), Tony Estanguetthis Thursday in an interview with France’s Info station a few hours before his last meeting of the board of directors.

Estanguet emphasizes that this result is explained by “a great ticket sales resulthWe have already beaten the number of tickets sold and that made a lot of money.”

In particular, with more than 9.5 million tickets were sold at the Olympic Games. and the more than 2.5 million for the Paralympic Games 1,489 million euros were raised.

Furthermore, the OCOG president pointed out that “Sponsorship goals were also exceeded“, including 150 million more than expected.

In the end, Revenue reached 4,480 million euros, while expenses reached 4,453 million.

The surplus will be distributed to a 60% for the promotion and development of sport in Francea 20% for the French National Olympic and Sports Committee (CNSOF) and the Remaining 20%​​​​for the International Olympic Committee (IOC).

The positive result does not take into account a series of costs assumed by the French State, such as additional costs for public transport or security, which alone have been assessed at around 1,000 million euros.

Source: La Verdad

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