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Volume 27 No. 28
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Tokyo Organizers Able To Save $280M For Next Year's Games

The Tokyo Organizing Committee has announced that simplification measures being implemented for next year’s Games will save $280M. General plans to trim costs were first announced in June, and Olympic organizers agreed on a list of more than 50 specific items during the Coordination Commission in late September. Planned measures to minimize costs include adjustments to the Olympic torch relay, temporary equipment, staff headcount, the size of stakeholder delegations and on-site venues, including the Olympic and Paralympic Village. “We believe that this work will help to create a model for future events,” said Tokyo 2020 CEO Toshiro Muto. “The purpose of this is not to just reduce costs. We will continue to make the Tokyo 2020 Games a legacy for humanity in the future.” More specifically, Tokyo 2020 President Yoshiro Mori suggested that the organizing committee’s efforts may provide a roadmap to be followed by future Olympic Games. “If possible, if what we do is meritorious and beneficial for the next host city, it will be good,” said Mori. “The whole world is faced with this calamity.”

KEEP IT SIMPLE: Muto added that organizers will continue to look for ways to further simplify operations, though he declined to provide specific areas where costs may be reduced further. Tokyo 2020 leadership also said that the full cost of the Games, including COVID-19 countermeasures, is still being determined and will be known by the end of the year. “It depends on what kinds of countermeasures we are going to adopt,” said Muto. “We are in the process of calculating that.”