TOKYO – Almost two months after the Tokyo Olympics were postponed, organizing committee CEO Toshiro Muto said Friday he still could not give an estimate of how much the one-year delay will cost.
Figures in the Japanese media have ranged between $2 billion and $6 billion, with most mounting expenses likely to be covered by government entities.
Although he was vague about the costs and who will pay, Muto was very clear about one thing in the online news conference.
“The actual games we will have one year from now may not be the same conventional Olympic and Paralympic Games that we have come to know,” he said, speaking in Japanese and translated by an interpreter.
Muto floated ideas about cuts everywhere, though the only specific target he mentioned was the torch relay.