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Sport Olympics: COVID-19 countermeasures to cost some $960 million - Kyodo

06:50  30 november  2020
06:50  30 november  2020 Source:   reuters.com

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TOKYO: The coronavirus-delayed Tokyo Olympics could cost US$ 1 . 9 billion (RM7.73 billion) more than its original budget of US billion, a 15 per cent Organisers and officials are considering a long list of possible virus countermeasures that they hope will make it possible to hold the Games, even if

The International Olympic Committee (IOC) Executive Board (EB) today expressed its full commitment to the success of the Olympic Games Tokyo 2020 It redistributes more than 90 per cent of its income to the wider sporting movement, which means that every day the equivalent of 3.4 million US dollars

TOKYO (Reuters) - Tokyo Games organisers estimate the cost of COVID-19 countermeasures for next year's rearranged Olympics will run to around 100 billion yen ($960 million), Kyodo News reported on Monday.

a large body of water with a city in the background: FILE PHOTO: Boats tow the giant Olympic rings, which are being temporarily removed for maintenance, at the waterfront area at Odaiba Marine Park in Tokyo © Reuters/KIM KYUNG-HOON FILE PHOTO: Boats tow the giant Olympic rings, which are being temporarily removed for maintenance, at the waterfront area at Odaiba Marine Park in Tokyo

Japanese media had reported a day earlier that the total costs of delaying the Games for a year would run to 200 billion yen.

When asked to comment on the Kyodo report, a spokesman for organisers told Reuters an announcement would be made on an interim report following talks between Tokyo 2020, Tokyo metropolitan government and the Japanese government on Wednesday.

The last official budget given by the organising committee in December 2019, months before the Games were postponed due to the COVID-19 pandemic, was $12.6 billion.

The International Olympic Committee have said they expect to pay $800 million in additional costs from the delay but Japan-based organisers have not provided a specific figure.

The Tokyo 2020 organising committee is expected to officially announce an adjusted budget before the end of the year.

(Reporting by Jack Tarrant; Editing by Peter Rutherford)

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usr: 1
This is interesting!