Super-rich spending up to $500,000 on exclusive Paris Olympics packages

Third-party hospitality packages are outlawed, yet agency part-owned by associates of Rafael Nadal and LeBron James promises access to top events as well as to stars

Members of the global super-rich are spending as much as $500,000 (£400,000) on “ultra-exclusive” packages for the Paris 2024 Olympics that promoters claim include meeting athletes, access to the athletes’ village and “the chance to be part of the opening ceremony”.

GR8 Experience, an “international experience agency” part-owned by the business manager of the basketball star LeBron James and the PR manager of the tennis player Rafael Nadal, is selling Olympic packages that it claims include tickets to 14 events such as the men’s 100m finals and the opening ceremony for $381,600.