The tower is currently undergoing a repaint costing 60 million euros in preparation of the 2024 Olympics, the 20th time the Tower has been repainted.

SETE is reluctant to close the tower for a long time because of the tourist revenue that would be lost, the report added.
SETE is reluctant to close the tower for a long time because of the tourist revenue that would be lost, the report added. (AP)

The Eiffel Tower is riddled with rust and in need of full repairs, but instead it is being given a cosmetic $62.55 million (60 million euro) paint job ahead of the 2024 Olympic Games in Paris, according to confidential reports cited by French magazine Marianne.

The wrought-iron 324-metre high tower, built by Gustave Eiffel in the late 19th century, is among the most visited tourist sites in the world, welcoming about six million visitors each year.

However, confidential reports by experts cited by Marianne suggest the monument is in a poor state and riddled with rust.

"It is simple, if Gustave Eiffel visited the place he would have a heart attack," one unnamed manager at the tower told Marianne.

The company that oversees the tower, Societe d'Exploitation de la Tour Eiffel (SETE), could not be immediately reached for comment.

READ MORE: Eiffel Tower to reopen - but you will have to take the stairs

Frequent repainting

The tower is currently undergoing a repaint costing $62.55 million in preparation of the 2024 Olympics, the 20th time the Tower has been repainted.

Some 30 percent of the tower was supposed to have been stripped and then have two new coats applied but delays to the work caused by the Covid pandemic and the presence of lead in the old paint means only 5 percent will be treated, Marianne said.

SETE is reluctant to close the tower for a long time because of the tourist revenue that would be lost, it added.

READ MORE: Stairs from Eiffel Tower sell for 169,000 euros

Source: TRTWorld and agencies