Coronavirus wrap: IOC reveals cost of postponing Tokyo Olympics (Free Press)

Free Press: Coronavirus wrap: IOC reveals cost of postponing Tokyo Olympics. “The International Olympic Committee faces a £650 million bill following the postponement of the Tokyo Games to 2021. IOC president Thomas Bach revealed on Thursday the organisation’s executive committee has set aside the sum to cover the costs of reorganisation and to support individual sports federations and national Olympic committees.” £650 million is a bit under $791 million USD.