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  2. Hosting the Olympics has become financially untenable ...

    www.aol.com/economics-olympics-110004736.html

    In late 2019, before the Covid-19 pandemic would shock the global economy and postpone the 2020 Games, Japan’s National Audit Board found that the Tokyo Olympic organizers’ estimates of $12.6 ...

  3. Audit finds Tokyo Olympic costs 20% higher than announced

    www.aol.com/news/audit-finds-tokyo-olympic-costs...

    The cost of the delayed 2020 Tokyo Olympics is 20% higher than organizers said when they announced officials figures more than a year ago, according to a report by the Board of Audit of Japan.

  4. Cost of the Olympic Games - Wikipedia

    en.wikipedia.org/wiki/Cost_of_the_Olympic_Games

    The current highest cost of hosting the Olympic Games was the 2016 Rio de Janeiro Summer Games, costing approximately US$11.1 billion. In order to meet the requirements set out by the International Olympic Committee (IOC), [4] the Rio de Janeiro council had to invest heavily in building the necessary facilities/venues, and an entirely new subway line.

  5. Explainer: The cost of Tokyo's delayed Olympic Games

    www.aol.com/news/explainer-cost-tokyos-delayed...

    The Tokyo Olympic Games will get under way in July barring "Armageddon", as one IOC member put it.But the delay has been expensive in various ways.Organizers previously put the entire cost of ...

  6. Olympic Games - Wikipedia

    en.wikipedia.org/wiki/Olympic_Games

    The final cost for the Tokyo 2020 Olympics was reported to be JPY 1,423.8 billion (US$13 billion). ... p. 192 The sale of broadcast rights enabled the IOC to increase ...

  7. Impact of the COVID-19 pandemic on sports - Wikipedia

    en.wikipedia.org/wiki/Impact_of_the_COVID-19...

    [13] [14] [15] The opening ceremonies of the Games were officially rescheduled to 23 July 2021, 4 years, 11 months and 2 days or 1,797 days from the most recent Summer Olympics in Rio de Janeiro, Brazil. [16] The cost of postponing the Olympics to 2021 was estimated to be US$5.8 billion, which included the cost of maintaining the unused venues ...

  8. Coronavirus: Delaying Tokyo 2020 Olympic Games could cost ...

    www.aol.com/news/coronavirus-delaying-2020...

    The Olympic flame will remain lit, but Japan agreed this week to delay the Tokyo 2020 Games until 2021. Coronavirus: Delaying Tokyo 2020 Olympic Games could cost Japan as much as $6bn Skip to main ...

  9. Tokyo Organising Committee of the Olympic and Paralympic Games

    en.wikipedia.org/wiki/Tokyo_Organising_Committee...

    The Tokyo Organising Committee of the Olympic and Paralympic Games (公益財団法人東京オリンピック・パラリンピック競技大会組織委員会, Koueki Zaidanhōjin Tōkyō Orinpikku Pararinpikku Kyōgitaikai Soshiki Iinkai) (TOCOG) was the organisation responsible for overseeing the planning and development of the 2020 Summer Olympic and Paralympic Games.