Ten per cent of the tickets for all events at the Paris 2024 Olympic Games will cost only €24 and a half will be available for a price of less than €50.

Ticketing arrangements for the Paris 2024 Olympic and Paralympic Games have been confirmed by a meeting in the city last night.

There will be a central access point for tickets and a draw for the opportunity to buy tickets as has been the case in previous games.

The ticketing software and technology has advanced significantly since the last games were held in Europe in front of sold-out crowds at every venue in London 2012.

“In the past people first were going to the platform to buy the tickets,” said Paris 2024 President Tony Estanguet.

“And then the draw followed, and there was frustration for the people that went through the process having made choices of the tickets and unfortunately not being successful in the draw.”

Platform

“To limit the frustration and also to have a more effective process we have changed the system. There will be at first a period of time – one month, two months – where people will go to the platform to register their interest to be part of the draw.”

“But once they are picked in the draw they will go to the platform, make their choices, and have the guarantee that they will have the tickets they want to purchase.”

There will be a total of 10 million tickets made available for the Olympic Games and 3.4 million for the Paralympic Games.

One million will be at the low price of €24 for the Olympics and 500,000 Paralympics tickets will be available at a price of €15.

The Paris 2024 budget outlines revenue from ticket sales hitting €1.1 Billion, a figure that the organisers say they are trying to balance by making some tickets for every event accessible at the lowest prices.

Higher prices will be set closer to the games and the registration for the draw to be in with a chance of going will open towards the end of this year.

In previous games, there has been an advantage given to the home nation in terms of registration but the initial phase of ticketing suggests that this will be open to everyone at the same time.

Tender

The tender to win the rights towards operating the ticketing system was won by a consortium of three companies France Billet, CTS Eventim and Orange Business Services.

Permanent TSB came on board as the headline commercial partner of the Olympic and Paralympic Irish teams earlier this month.

The International Olympic Council has 13 Global Partners including Allianz, Visa, Coca Cola, Samsung, Toyota, AirBnB, Atos, Bridgestone, P&G, Intel, Panasonic, Omega and Alibaba.