Olympics organisers must reduce costs related to the postponed Tokyo Games by focusing on the 'must-haves', IOC Coordination Commission chief John ...
Olympics organisers must reduce costs related to the postponed Tokyo Games by focusing on the"must-haves", IOC Coordination Commission chief John Coates said following a remote meeting with Japanese planners on Thursday.
In an interview with German newspaper Welt on Sunday, IOC President Thomas Bach said his organisation faces several hundred million dollars in supplementary costs. The Olympic Games in Tokyo were already expected to cost US$12.35 billion even before the postponement. The Australian struck a more optimistic tone when speaking about the potential positive impact the Games might have on a Japanese economy.
Coates praised Japanese Prime Minister Shinzo Abe’s possible foresight in deciding to postpone the Games.
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