Following the rapid spread of the Coronavirus, a high percentage of sports are at a pause. It is a significant loss. Let’s face it. Companies sponsoring these games are not operating the same way they did before the pandemic. Similarly, supporters of the games are bored as many games postponed. For instance, Olympic organizers rescheduled games due to the outbreak.
If you are a fan of the Olympics, you will have to wait until next year. As of Friday, Tokyo 2020 Olympics organizers reveal that they are unaware of spending the $800 allocated funds. In an online briefing, Toshiro Muto, chief executive, says that the committee has no idea about how to spend the money. However, Japan and the organizer committee are still assessing how to share the costs.
Olympic Rings as Situation Heats Up
On Thursday, IOC president Thomas Bach says that his organization expects to bear costs less than $800 million. Mr. Bach notes that around $650 million will fund the Games preparations, set to kick off on 23rd July next year. Besides, the board sets $150 million to support international federations as well as National Olympic Committees.
Up to now, Muto has not seen a breakdown of the IOC’s costs. Furthermore, he refused to tell how deep the delay costs the Japanese government and the games organization board. New dates for the games are in place, Japan and IOC joined had in March to postpone the Olympics. As a result, there is availability of athlete safety, venues, sponsorship contracts, and a swathe of broadcast.
Mr. Muto said that the changes to the original plan aim to save costs and make the games safe enough for athletes. The chief executive is worried if the pandemic persists, they will have to face it rough. According to rules, they should incorporate the social distancing norms into arrangements. Mr. Muto big worry is, can the board hold Paralympics and Olympics competitions as it used to before the outbreak.
Olympic Games Status
The Japanese media notes that the board reduced torch relays from 121 days to save costs. According to Muto, the events would have to preserve their essentials. Thomas Bach says that this is the time to review the essentials of these Games. For instance, he argues on the must-have items. Sure, let’s face reality. The games cannot go on without the fans.
Chaos fumes in front of the six-month mark to 2021 Tokyo Games, supporters are thirsty. Before the Tuesdays dramatic decision, a group of activists gathered in Tokyo protesting against the Games. Mr. Muto asks Japanese people to think about whether it is necessary to host the Games amid the Coronavirus situation.
Olympic rings outside the stadium heat up as 4.5 million tickets for the games already sold. However, the activists oppose the games, saying that the money should help the most affected by the disaster. Nationwide relay tracks record partial lifting of evacuation orders.
Conclusion
With the Games postponed until next year, the best thing is to focus on the current situation. All in all, we have to win this battle. In my opinion, there is no enough of the must-have items for the Olympics. So, it is smart to wait until next year as the board figures out how to spend the allocated funds.
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