Business Standard

Tokyo Olympics 2020 may fall victim to coronavirus: What is at stake?

Below are the financial and economic factors at risk

olympics, ioc
Premium

The Tokyo 2020 Olympics have generated record domestic sponsorship revenues of more than $3 billion

Reuters Tokyo
Concerns are swirling that Japan's dream of hosting the Tokyo 2020 Olympics could be a fatality of the spread of the new coronavirus, jolting organisers, sponsors, and media firms who have spent billions of dollars in the run-up to the event.

International Olympic Committee (IOC) President Thomas Bach said late last month that the IOC was "fully committed" to holding the July 24-Aug. 9 Games on schedule, and a senior Japanese official told Reuters there was no "Plan B".

Below are the financial and economic factors at risk.

Olympic costs

Organisers said in December the Games were expected to cost

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in