Tokyo Olympic CEO promises ‘transparency’ over cost of delay
‘It’s highly likely that the expense will be higher than the originally planned budget’
TOKYO, April 25, (AP): The chief executive of the Tokyo Olympics promised “transparency” with the Japanese public regarding the cost of postponing the games until next year.
Neither the Japanese organizers nor the International Olympic Committee has said what it will cost to delay the Tokyo Games for one year. Early estimates in Japan range between $2 billion and $6 billion.
“It’s highly likely that the expense will be higher than the originally planned budget,” CEO Toshiro Muto said, speaking through an interpreter at a weekly teleconference.
He said the exact amount was unclear, “but we will proceed with transparency and explain to the taxpayers
Muto
about the costs.”
Although officials say the added costs are unknown, one thing is certain: Japanese taxpayers will pick up most of the bills.
The Tokyo city government, the local organizers and the Japanese Olympic Committee are obligated under the
NYON, Switzerland, April 25, (AP): The Women’s European Championship in 2021 was postponed by one year, moving out of a direct clash with the rescheduled Tokyo Olympics.
UEFA’s executive committee agreed that the 16-nation tournament in England will now be played from July 6-31 in 2022.
The switch was inevitable after the IOC decided last month on a one-year postponement for the 2020 Tokyo Olympics due to the coronavirus pandemic.
Women’s soccer games begin before the Tokyo opening ceremony on July 23 next year.
An Olympic title is prized more in women’s soccer than in the men’s game, and three European teams - the Netherlands, Sweden and a British team potentially with mostly England players - are in the 16-nation lineup in Japan.
“With the Olympics now being confirmed for summer 2021, we firmly believe that moving to 2022 is in the best interests of the (Euro) tournament,” UEFA head of women’s soccer Nadine Kessler said in a statement.
The move also avoids both of UEFA’s marquee national team championships competing for attention in the same English summer with both finals at Wembley Stadium in London. The men’s Euro 2020, including seven games at Wembley, was also postponed by UEFA last month for one year.
Wembley will stage the men’s final on July 11, 2021 and the women’s final on July 31, 2022.