Home Entertainment The cost of delaying Tokyo Olympics it may reach 2.1 billion USD, excluding epidemic prevention expenses.
The International Arbitration Tribunal for Sport ruled a two-year ban on Russia, which is two years shorter than the punishment of the World Anti-Doping Agency.

The cost of delaying Tokyo Olympics it may reach 2.1 billion USD, excluding epidemic prevention expenses.

by YCPress

November 29th According to report by Japan’s current affairs news agency on the 29th, the Tokyo Olympic Games have been postponed due to the epidemic. It is estimated that the additional expenditure may be as high as 200 billion yen (about 2.1 billion USD).

The detailed amount is still under calculation, and the estimated amount does not include the expenditure on COVID-19 epidemic prevention measures. The Japanese government and the Tokyo local government will decide how to share the huge cost within this year.

Affected by the COVID-19 epidemic, the 2020 Tokyo Olympic Games have been postponed to the summer of 2021. The expenses related to this extension include the operating compensation costs provided to the sports venues, cancellation costs, personnel costs of the Olympic Organizing Committee, etc.

In September this year, the Tokyo Olympic Organizing Committee finalized the simplified plan for the Tokyo Olympic Games. 52 projects will be simplified, including the number of furniture and spare supplies used by people involved in the event, the quantity of catering and the decoration inside and outside the venue.

The International Olympic Organizing Committee will cancel the ceremony at the opening ceremony, and international sports organizations will reduce their dispatch to Japan. The number of officials of Ben. Therefore, the related costs can save at least 30 billion yen. However, Japanese media said that the cost of the extension calculated this time far exceeded the cost savings.

Previous research results of Oxford University in the United Kingdom show that the Tokyo Olympic Games are the most expensive in the history of the Olympic Games. The research team pointed out that the amount of Olympic funds is huge and increasing, which places a great burden on the International Olympic Committee.

In addition, due to the increase in the cost of security, the new venue is far away from the last Olympic venue, etc., which will also cause a variety of problems.