6/2/21

Tokyo 2020 and Olympic Money

IOC President Thomas Bach says athletes can travel to Tokyo with confidence. As mentioned on the IOC's official website, the Tokyo Olympics seems to start on July 23, 2021. 

However, the number of people infected with COVID-19 is steadily increasing, and many people are worried about the Tokyo Olympics. 

There are signs for Tokyo 2020 all over Tokyo. 


Will TOKYO 2020 be held in 2021?

TOKYO 2020 will be held in Tokyo, Japan for 17 days from July 23 to August 8, 2021. Due to the global epidemic of COVID-19, the event will be postponed for one year from the summer 2020 schedule, and the year of the event will change, but the name of "Tokyo 2020" will not change. 

But will it really be held in 2021? Should it be stopped? 

Activities calling for the cancellation of the Tokyo Olympics


If Japan wants to cancel the Tokyo Olympics, huge compensation will be incurred

If the Olympics are canceled, there is a possibility of compensation of 1 trillion yen for breach of contract in the host city, Tokyo.

Japan does not have the authority to decide to cancel The Olympics.  Only IOC has it. Tokyo signed a host city contract, that is, promised to rent the venue. The contract details are published online. If Tokyo refuses to provide the venue, the penalties will be enormous. What an unfair contract! 

Olympics and vaccines

With the Tokyo Olympics ahead, the development of vaccines in Japan is accelerating.  I'm worried that the vaccine will be overwhelmed and approved early, and that it will be given to many people. 




Olympic Money

According to Itsuro Goto's "Olympic Money" (2020), the Olympic Games are a "peaceful festival of sports" held by countries all over the world, and the host country injects huge taxes. 

On the other hand, a lot of Olympic money will be generated, including huge TV broadcasting rights fees. This time, the last remaining quiet area in Tokyo has been redeveloped. From the point of view of Olympic money, the intention to hold the Olympics is only a matter of money. But the reality is that people who have nothing to do with the benefits of Olympic money will make a lot of sacrifices. 
Olympic for Money


Conclusion

Tokyo Olympics seems to start on July 23, 2021 in spite of COVID-19. If Japan wants to cancel the Tokyo Olympics, huge compensation will be incurred. The Olympics are a celebration of world peace, but it is the Olympic money that has an impact on reality. What should the Olympics really be? The Olympics I want are cross-border friendships.

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