Postponement of Tokyo 2020 Olympics to cost IOC $800 million

The International Olympic Committee (IOC) expects the postponement of the Tokyo 2020 Olympic Games to cost the organisation $800 million (£656 million/€741 million), $150 million (£123 million/€139 million) of which will form an "aid package" for the Olympic Movement. IOC President Thomas Bach announced the figure following a remote meeting of the ruling Executive Board an May, 14th.
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Subjects: Olympic Summer Games 2020 finances organizing
Notations: organisations and events management and organisation of sport
Tagging: Coronavirus
Published in: inside the games
Published: 2020
Edition: 14. Mai 2020
Document types: electronical publication
organisation info
Language: English
Level: basic