Tokyo Olympics organisers say will cut costs by Sh30b
Sports
By
AFP
| Oct 08, 2020
="https://www.standardmedia.co.ke/sports/athletics/2001367396/tokyo-2020-olympics-qualifiers-set-for-december">The cost of the coronavirus-postponed Tokyo Olympics< will be slashed by $280 million (Sh30 billion), organisers said yesterday, touting a scaled-back, less flashy Games, with cuts to everything from staffing to pyrotechnics.
But the final cost of the event, officially budgeted before the pandemic at 1.3 trillion yen ($12 billion), remains unclear because additional expenses caused by the postponement have not yet been made public.
"Tokyo 2020 believes that this work will help to create a model for future global events including forthcoming Games amid the new normal in which we now live," organisers said in a statement after a presentation to the International Olympic Committee Executive Board.
They said they would put out an updated budget, including additional costs linked to ="https://www.standardmedia.co.ke/sports/sports/2001374281/its-2021-or-never-for-tokyo-olympics-show">postponement and coronavirus counter-measures<, by the end of the year.
Plans for a lower-key event were unveiled in late September, with measures including fewer free tickets, scrapping athlete welcome ceremonies, and savings on banners, mascots and pyrotechnics.
READ MORE
Harness nuclear science to quench thirst of water-starved populations
Why AFC must sing a new song as they seek to restore lost glory
About 420 families face eviction from disputed 63-acre prime land
Why nostalgia is a dangerous thing at AFC Leopards
Why Ingwe want to make 60 anniversary memorable
Judge extends orders on Sh4.6 billion land as woman distances herself from invasion
AFC Leopards 60: President Ruto urges Ingwe to adopt corporate model
MPs call for probe on KRA's HIV tests and skewed hiring
The size of behind-the-scenes delegations at the less opulent event will be reduced by 10 to 15 per cent, and perks also cut back, organisers and Olympic officials have said.
The 2020 Games were postponed earlier this year as the ="https://www.standardmedia.co.ke/sports/sports/2001374281/its-2021-or-never-for-tokyo-olympics-show">deadly new coronavirus spread Arsenal face Tottenham Hotspurs test as Man City seek to continue dominance
Peps' men thrashed Brighton on Thursday to narrow gap on EPL leaders Arsenal.
FKF Cup: Wounded AFC Leopards look for safe landing ground
Leopards face Division Two side Compel on Sunday.
FKF Cup: KCB face defending champions Kakamega Homeboyz in quarterfinals
Mwalala upbeat ahead of Homeboyz clash.
Kenya Pipeline and KCB off to perfect start at African Volleyball Club Championship
Both teams won 3-0 in Egypt.
Huge field ready for battle at KCB East Africa Golf Series Tour in Burundi
Golfers will be seeking for sterling prizes and slots at the tour’s grand finale in Kenya.