It is expected that postponing the Tokyo Olympics 2020 for a year due to Corona will cost an additional 1.6 billion euros, compared to the initial budget of 10.7 billion euros, an increase of 15%.
According to Arabiya Net, the Japanese newspaper, the Yomiuri Shimbun, cited unidentified sources responsible for organizing the tournament, that the Olympiad organizers will officially decide the value of this increase in mid-December December after discussions with the Japanese government and the city of Tokyo.
The largest sporting event in the world has been postponed due to the spread of the new Corona virus. It is now scheduled to start on July 23, 2021.
This delay resulted in additional costs and the need to make new reservations to keep the staff in charge of organizing.
The new waves of the epidemic affecting many countries have raised doubts about the possibility of organizing the Olympiad in 2021, but the organizers assert that it can take place safely.
The cost of 200 billion yen (1.6 billion euros) to be added to the budget initially established before the epidemic was calculated and amounted to 1,350 billion yen (11 billion euros), based on Cut expenses by simplifying the event.
in fact, the organizers decided to reduce this expenditure by about 234 million euros through saving measures such as reducing the number of tickets distributed and the volume of fireworks and canceling receptions for athletes.
But these figures do not include the planned anti-Coronavirus measures that the organizers hope the Japanese government will cover, according to the newspaper.
