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Media to sponsors: What's at stake if Tokyo Olympics succumb to coronavirus

Tokyo 2020's budget is split between the organising committee and local and national governments; the IOC contributed more than $800 million

2020 Tokyo Olympics
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Japan’s Olympics Minister Seiko Hashimoto on Tuesday hinted that the Tokyo Games could be postponed due to the coronavirus outbreak

BS Web Teamagencies
Concerns are rife that the coronavirus outbreak may sour Japan's dream of hosting the 2020 Tokyo Olympics, jolting organisers, sponsors, and media firms which have spent billions of dollars in the run-up to the event.

However, the International Olympic Committee "is fully committed to a successful Olympic Games in Tokyo starting July 24", Thomas Bach told Japanese media in a conference call on February 27.


Japan’s Olympics Minister Seiko Hashimoto on Tuesday hinted that the Tokyo Games could be postponed due to the