Tokyo Olympics postponement There is a possibility that competition expenses may be insufficient at the competition group
With the postponement of the Tokyo Olympics for one year, it was learned that some domestic sports organizations could run out of funding for athletes. Of these, boxing is expected to face a shortage of funds of tens of millions of yen due to a significant increase in the cost of strengthening in the summer of next year, and the Federation is raising funds at a rapid pace.
Over the past two years, the Japan Boxing Federation has invested a lot of money in strengthening athletes for the Tokyo Olympics, and in fiscal 2019, spent 17 times on overseas expeditions and training camps. That is.
This was more than 20 million yen more than usual, and the federation lost its reserves and urgently raised funds from member federal federations.
In fiscal 2020, we planned to reduce dispatch costs to 42 million yen by reducing dispatches to international competitions after the Olympics, but due to the postponement of one year, we need to increase overseas expeditions and training camps after the summer. In this case, the shortfall of tens of millions of yen is expected.
For this reason, the Federation is trying to secure funds at a rapid pace, such as selling goods and acquiring new sponsors, but this may affect the athlete's strengthening for the Olympics.
Concerns have been raised over the lack of financial resources of other national sports organizations that the cost of reinforcement will be insufficient as the Olympics are postponed.
"In the past two years, we've been overwhelming and we're at the limit, but we aren't thinking about loosening up. We're not going to get enough money. I want players to concentrate on the Olympics without worrying about it. "