What will the Winter Games cost taxpayers?
At the local level, nothing. The 2026 Winter Olympics and Paralympics are privately financed. This means that no municipality will be required or needed to cover any costs, and no guarantees will be required either. The only cost to the taxpayer is for external security, i.e. the police and the extra work of customs. Yet this cost will be offset by the extra income the State receives through VAT and other taxes during an Olympic Games.
Where does the money come from?
Through the IOC’s “Olympic Agenda 2020”, the financial requirements for hosting the Winter Olympics and Paralympics have changed significantly. The operational budget for the Winter Games is approximately 13 billion kronor, of which just over 1 billion kronor serves as a safety buffer.
The largest revenue source comes from the International Olympic Committee (IOC), which guarantees the majority of the operational budget. The remaining revenue share comes from sponsors, ticket sales and merchandise. No public funds will be used.
The budget has been reviewed by some of the world’s most experienced experts, it is realistic, and it is conservatively estimated. Thus, the combination of a conservative budget with the overwhelming majority of venues rented and not newly built, means that the risks are significantly limited. The IOC’s total contribution of more than SEK 8 billion will be added to the funding from other revenue sources from partners across Sweden.