2024-07-26 15:37:20
‘The Greatest Show on Earth’ Olympic curtain rises tomorrow, July 26. This year’s Olympics are being held in Paris, France. Athletes from 206 countries will compete for medals in Paris, one of the most modern and traditional cities in the world. The last Olympics were held in Paris in 1924.
Earlier in 1900 they also organized the Olympics. Now after exactly 100 years this great Yajna is going to sit in Paris. That is why the preparation of the organizers is also eye-catching. That requires a huge supply of money. The organizers are going to spend 8.2 billion dollars to successfully host the Olympics.
French media outlet Wallethub confirmed this news in a report. Organizers are going to spend huge sums of money to ensure stadium construction, renovation, security and accommodation facilities for the athletes. Paris and London have only hosted three Olympics. However, 2020 Tokyo Olympics has surpassed all Olympics in terms of cost. Japan spent 20 billion on services. In addition, London spent $17.1 billion in 2012 and Rio de Janeiro spent $15.6 billion in 2016. All this information has been given by Marketwatch.
However, according to MarketWatch, France will spend an estimated $10 billion this time. Of this, $3.2 billion was spent on infrastructure. France has built two stadiums for the Olympics, an aquatics center, according to WalletHub. The other is Adidas Center. 6,000 spectators can sit in the Aquatics Stadium and watch the game. Where there will be diving, synchronized swimming and some water polo events. This stadium cost 204 million dollars. According to information provided by the news agency AP, Adidas Arena cost 150 million dollars to build. Where 9 thousand spectators can enjoy badminton, rhythmic gymnastics and weightlifting events.
The opening and closing ceremonies of the Olympics will be held at the Studie de France, France’s largest stadium. The two events will cost $705 million. Besides, football and rugby matches will also be held in this stadium. Where 80 thousand spectators can watch the game together.
In addition to expenses, sports are also the source of income for the Olympic Committee. NBCU Universal paid the Olympic Committee $7.65 billion for broadcast rights from 2021 to 2032. Apart from this, the organizers also earn from ticket sales. This time, the ticket price has been set from a minimum of 98 to a maximum of 2945 dollars. Ticket prices vary by event.
The organizers have to look at the security aspect along with infrastructure costs. The French government is going to spend $348 million on security. For the first time, France has emphasized online security within this security.