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Postponement of Tokyo Olympics until 2021 could lead to a freeze of payments

2016 Rio Olympics - Athletics - Final - Women's 5000m Final - Olympic Stadium - Rio de Janeiro, Brazil - 19/08/2016. Vivian Cheruiyot (KEN) of Kenya celebrates. [REUTERS/Dominic Ebenbichle

The postponement of the Tokyo Olympics and the shutdown of the sporting calendar because of the coronavirus pandemic are going to hit international sports federations hard financially.

Many sports that are part of the Games depend heavily on the payouts every four years from the International Olympic Committee (IOC).

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