<p class="title">The International Olympic Committee expects to bear costs of up to $800 million for its part in the organisation of the postponed Tokyo 2020 Olympics, now due to be staged next year, IOC President Thomas Bach said on Thursday.</p>.<p class="bodytext">In March, the International Olympic Committee and the Japanese government decided to delay the Games, due to start this July, for a year due to the coronavirus pandemic.</p>.<p class="bodytext">"We anticipate we will have to bear costs of up to $800 million for our part and responsibilities in the organisation of the postponed Games Tokyo 2020," Bach told a conference call at the end of the executive board meeting.</p>
<p class="title">The International Olympic Committee expects to bear costs of up to $800 million for its part in the organisation of the postponed Tokyo 2020 Olympics, now due to be staged next year, IOC President Thomas Bach said on Thursday.</p>.<p class="bodytext">In March, the International Olympic Committee and the Japanese government decided to delay the Games, due to start this July, for a year due to the coronavirus pandemic.</p>.<p class="bodytext">"We anticipate we will have to bear costs of up to $800 million for our part and responsibilities in the organisation of the postponed Games Tokyo 2020," Bach told a conference call at the end of the executive board meeting.</p>