Tokyo Olympic CEO hints games could be in doubt even in 2021

Image
AP Tokyo
Last Updated : Apr 10 2020 | 4:34 PM IST

As the coronavirus spreads in Japan, the chief executive of the Tokyo Games said Friday he can't guarantee the postponed Olympics will be staged next year even with a 16-month delay.

Japanese Prime Minister Shinzo Abe issued an emergency declaration this week to battle the virus, putting the country under restrictions after it seemed it had avoided the spread.

I don't think anyone would be able to say if it is going to be possible to get it under control by next July or not," Tokyo organizing committee CEO Toshiro Muto said, speaking through an interpreter at a news conference conducted remotely.

We're certainly are not in a position to give you a clear answer." The Olympics were postponed last month with a new opening set for July 23, 2021, followed by the Paralympics on Aug. 24.

Abe has been criticized for being slow to act against the coronavirus. Opposition political leaders have suggested he downplayed the severity of the virus and have said it may have been tied to wanting to hold the Olympics this year.

We have made the decision to postpone the games by one year," Muto added.

So this means that all we can do is work hard to prepare for the games. We sincerely hope that come next year mankind will manage to overcome the coronavirus crisis. Muto was asked if there are alternative plans to 2021.

Rather than think about alternatives plans, we should put in all of our effort, he said.

Mankind should bring together all of its technology and wisdom to work hard so they can development treatments, medicines and vaccines. Japan has reported about 5,000 cases and 100 deaths. The country has the world's oldest population, and COVID-19 can be especially serious for the elderly.

Muto was asked several times about the added costs of postponing, which has been estimated by Japanese media at between $2 billion-$6 billion. He said it was too soon to know the price tag and who would pay.

He also acknowledged that Tokyo Olympic organizers had taken out insurance.

Tokyo 2020 has taken out several insurance policies," he said.

But whether the postponement of the games qualifies as an event that is covered is not clear yet."
Obviously in the future there is a possibility it might be put on display somewhere. However, for now it is under the management of Tokyo 2020 and I'm not going to make any further comment on the issue."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 10 2020 | 4:34 PM IST

Next Story