Tokyo Olympics will need bailout if Games go ahead without spectators
Tokyo | The Tokyo Olympics will need a public bailout of about $US800 million ($1.04 billion) if the Games are held behind closed doors, as organisers delay a decision on domestic spectators to the last possible moment.
Recent budgets show the Tokyo 2020 organisers are still assuming full stadiums. Having already spent the billions of yen raised from ticket sales, a new subsidy from taxpayers would be the only way to finance refunds, according to a Financial Times analysis of organising committee accounts.
Financial Times
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