The IOC has set aside $800mn to help with the “severe” financial impact caused by the postponement of the Tokyo 2020

The International Olympic Committee has set aside $800million to help with the “severe” financial impact caused by the postponement of the games in Tokyo 2020. Organisers will get $650m after this summer’s Games were postponed by a year because of the Covid-19 pandemic. The other $150m is set to be split into loans for international […]

The IOC has set aside $800mn to help with the “severe” financial impact caused by the postponement of the Tokyo 2020