Oct 07, 2020 (Japan Today) - The IOC and local organizers are trying to “simplify†the postponed Tokyo Olympics, promising to save money in what one study says is already the most expensive Summer Olympics on record.
The executive board of the International Olympic Committee is expected to review the proposed cuts on Wednesday. They include about 50 changes to fringe areas that leave the number of athletes — 15,400 for the Olympics and Paralympics — and all sports events untouched for next year.
Also largely untouched will be the opening and closing ceremonies, the heavily sponsored 121-day torch relay, and competition areas that will be seen on television broadcasts. This means the so-called field of play, and areas immediately adjacent.
Some of the proposed cuts listed in a detailed document from the organizers include: fewer decorative banners; a 10-15% reduction in “stakeholders" delegation sizes; five fewer international interpreters from a staff of 100; fewer shuttle buses; reduction in hospitality areas; suspension in production of mascot costumes; cancellation of official team welcome ceremonies.
Big savings are not easy to find.
Organizers and the IOC say they had already slashed several billion dollars in costs before the Olympics were postponed six months ago because of the COVID-19 pandemic. This included moving events to existing venues rather than building new facilities.
Most of the big-ticket spending had already taken place, such as the $1.43 billion national stadium, and the $520 million swimming venue.
