AP: Tokyo Olympics and IOC clash over who pays for postponement

AP reports from Tokyo that an open conflict broke out between Tokyo Olympic organizers and the IOC on Tuesday over who will pay for the unprecedented year-long postponement.

Tokyo spokesman Masa Takaya announced that the organizing committee asked the Switzerland-based International Olympic Committee to remove a comment from its website suggesting that Prime Minister Shinzo Abe agreed that Japan would shoulder most of the postponement costs.

Media reports in Japan estimate the year-long delay caused by the coronavirus pandemic will cost $2 billion to $6 billion. Neither side has given an official estimate, but Tokyo CEO Toshiro Muto has called the postponement costs “massive.”

Read the full report at thenationalherald.com

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Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Pierre de Coubertin

 

 

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