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IOC to cover US$ 800 mil. to hold postponed Tokyo 2020 Olympics next year

2020-05-15 56 Dailymotion

IOC "도쿄올림픽 1년 연기 개최로 9천 800억원 부담"<br /><br /> The International Olympic Committee will bear 800 million U.S. dollars of the costs of holding the 2020 Tokyo Olympics next year.<br /> IOC President Thomas Bach told a conference call at the IOC's executive board meeting Thursday that 650 million dollars will be used to reorganize the Games.<br />The remaining 150 million dollars will support international federations and National Olympic Committees.<br />The 800 million dollars does not include costs Japan will have to cover itself.<br />The Olympics were originally planned for this July, but were postponed due to the COVID-19 pandemic.<br />Bach declined to speculate on whether the Games could be delayed further if COVID-19 is still a big concern in 2021. <br />

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