IOC President Thomas Bach says the Olympic body will face “several hundred million dollars” of added costs because of the postponement of the Tokyo Games. Bach was speaking in an interview with a German newspaper. Estimates in Japan place the overall cost of the postponement at between $2 billion-$6 billion. All of those costs will… Continue reading Delayed Olympics to Cost Between $2B-$6B
Tag: Tokyo Olympics postponement
Japan, IOC Agree to Postpone 2020 Tokyo Olympics by About One Year
Japanese Prime Minister Shinzo Abe said he agreed with the International Olympic Committee’s president that the Summer Olympics previously scheduled to start in Tokyo on July 24, 2020, would be delayed by around one year. Mr. Abe spoke by phone Tuesday with IOC President Thomas Bach. Citing the spreading coronavirus pandemic, the Japanese leader said… Continue reading Japan, IOC Agree to Postpone 2020 Tokyo Olympics by About One Year