Tokyo 2020 Olympics postponed: Who pays bills for another year?
Other Sports | March 25, 2020 18:10 ISTThe Japanese financial newspaper Nikkei put the added cost at $2.7 billion, citing an estimate from local organizers.
The Japanese financial newspaper Nikkei put the added cost at $2.7 billion, citing an estimate from local organizers.
Bach said that in his telephonic conversation with Japanese Prime Minister Shinzo Abe on Tuesday, the pair agreed that it won't be possible to hold the Olympics this year due to the relentless spread of the coronavirus pandemic
The International Olympic Committee (IOC) and Japan Prime Minister Shinzo Abe on Tuesday announced postponement of the 2020 Games, scheduled for July-August, to the summer of 2021 because of the coronavirus pandemic which has brought the world to a standstill.
After weeks of discussion and contemplation, the organisers of the summer Games decided to shift the Olympics by a year, hence relieving the athletes of training amid these tough times.
Pound, who is a Canadian and has been a key member of the IOC for decades, reckons that the committee will announce the steps soon.
The change in strategy followed IOC president Thomas Bach leading a telephone conference call with executive board members.
Indian shuttler Parupalli Kashyap has reacted to IOC's statement, where it encourages the athletes to continue training for the Tokyo Olympics.
At the end of the first of a series of meetings being held this week with athletes and Olympic committees, the IOC conceded the lead-up to Tokyo was anything but business as usual.
Dick Pound, a former IOC vice president, said last month that the end of May loomed as a possible deadline for the IOC to make a call on the Tokyo Olympics.
Many international sporting events have been postponed or cancelled amid the coronavirus crisis, though the Japanese government and the IOC continuously express their full commitment to delivering a safe Olympic Games in July this year.
According to a statement by the IOC, all its Lausanne-based staff will work from home starting Monday, until further notice, with the exception of some essential functions.
The Evaluation Commission had visited Mumbai in October last year to study the feasibility of hosting the Session in Mumbai.
The International Olympic Committee (IOC) executive board on Tuesday expressed its full commitment to the success of the Olympic Games in Tokyo to be held between July 24 to August 9 this year.
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