Tokyo, IOC agree to conduct the Summer Olympics from July 23 next year

Summer Olympics 2020

After the Tokyo Olympic Organizers and the Japanese government knuckled under the pressure of the countries and athletes discouraging the hosting of the Tokyo summer Olympics 2020 this year, with nations like New Zealand, Australia and Canada retracting their participation from the mega event in the wake of the coronavirus pandemic globally, the Japanese government and the International Olympics Committee (IOC) finally inferred to delay the Olympics by a year.

Summer Olympics 2020

The decision was confirmed last week after Japan’s Prime Minister Shinzo Abe on a teleconferencing meeting with IOC President, Thomas Bach, offered the delay.

Now that the Olympics stands canceled this year, the officials have come to the agreement to schedule the sporting festival in the summers of 2021. The tentative dates being from July 23 to August 8 as the organizers believed the summer games should be hosted in a similar format it was supposed to be held originally without much changes in the organization of the event pattern.

The Olympics were initially set to roll out on 24 July and last till 9 August this year.

Before being compelled to push the Olympics to the next year due to the heightening conditions of the coronavirus, Olympics organizers were reluctant to cancel the games. The organizers claimed that they were spending around $12 billion to stage the games but as per the audit reports published by the government, the actual amount seems to have cost more than that because of the construction of the extra infrastructure. The National sponsorship program brought around $3 billion in the sponsorship revenue, three times more than any previous Olympic Games. 

The only concern for the organizers will be the challenge of sharing the additional costs due to the postponement of the Olympics and Paralympics to the next summer.