Additional expenses for the Tokyo Olympics IOC are in the tens of billions of yen, April 30, 1:39
Regarding the Tokyo Olympics, which was postponed to next year due to the spread of the new coronavirus, IOC President Bach of the International Olympic Committee wrote in a letter to the sports world that the IOC will bear the additional cost of several hundred million dollars, Japan. I have reiterated the recognition that the yen will amount to tens of billions of yen.
On October 29, IOC President Bach posted a letter on the home page for the sports world, which has been greatly affected by the fact that almost all international competitions have been postponed or canceled due to the spread of the new coronavirus.
Among them, Bach said that the IOC will continue to be responsible for the burden of operation of the Games and the sharing of expenses due to the postponement, based on the conditions already agreed with the Japanese side, regarding the Tokyo Olympics postponed next year. I reaffirmed that IOC will bear the additional cost of several hundred million dollars, which will be several tens of billion yen in Japanese yen.
The Tokyo Organizing Committee and the IOC are planning to scrutinize the total amount of additional expenses, which is expected to amount to several hundred billion yen.
Bach also stated in his letter that "sports are probably the lowest cost tool for a healthy society" and promised to conclude a memorandum of understanding on these sports and health with the WHO = World Health Organization. We asked groups and others to explore the possibility of "esports", where they can enjoy sports through online games.