Paris has been touted as a ‘cheap’ Olympic Games, but researchers have found it still has a cost overrun.
In fact, an Oxford University study says every Olympics since 1960 has come in at more than double the expected cost.
The global sporting event has one of the biggest blowouts on record for any type of megaproject – even nuclear power projects.
The report’s co-author, Alex Budzier says Olympic Games infrastructure should become part of the community before and after the games to ensure economic viability.
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