Japan counts the many costs of the delayed Olympics
The bill for a one-year postponement is expected to be $6bn, and the disruption is like a ‘kick in the guts’
30 March 2020 - 17:27
Tokyo — Japan’s Olympic delay has upended years of careful planning by organisers and spawned costly headaches for small businesses, hotels and even pro baseball teams, compounding a $12bn price tag.
The Tokyo Games were postponed until 2021 last week as the coronavirus outbreak deepened, an unprecedented move in the 124-year history of the modern Olympics. New dates have yet to be set, leaving sponsors and businesses uncertain and scrambling...
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