The Tokyo Olympics will need to be saved if the Games are held without spectators

If the Tokyo Olympics are to be held behind closed doors, about $ 800 million in financial aid will be needed as organizers postpone the final audience decision until the last minute.

Recent budgets show that the organizers of Tokyo 2020 are still taking over the full stadiums. Already spending billions of yen on ticket sales, the new taxpayer subsidy will be the only way to finance the return, according to an analysis of the Financial Times organizing committee’s accounts.

As the Japanese government decides to hold the Games on July 23, the decision to allow local fans to play has become one of the biggest controversies surrounding the Olympics.

Speaking at the G7 summit in Cornwall, Prime Minister Yoshihide Suga said that Japan was determined to provide audiences with an audience if it could.

“Given the level of Covid-19 infections, we will determine [on capacity] in accordance with the numbers allowed for other sports events, “he said.

If spectators are banned in whole or in part, Tokyo will be reluctant to return their tickets. to charge the cost to play delayed games.

Of the 8 668 billion ($ 6.1 billion) in revenue that the commission has budgeted for this year, 90 90 billion ($ 822 million) should come from ticket sales, which is about half of Tokyo 2020 trade revenue. The rest is already coming from state funding.

The balance sheet released by Tokyo 2020 last week showed a commitment of 8 118.3 billion in prepayments. Most of them represent the proceeds of the tickets of the Japanese society, which handed over their cash almost two years ago.

Doctors և Health experts advise Japan to host the Olympic Games without spectators Avoid spreading Covid-19, but the organizers and sponsors are desperate to keep at least some fans to get their investment back.

Shigeru Omi, the government’s chief medical adviser on the epidemic, urged him to avoid a “festival mood” at the Games. Fans who celebrate and drink will lead to a high-risk association that spreads the disease, he warned.

“If that happens then no spectator is the only option,” said Haruo Ozaki, president of the Tokyo Medical Association, at a recent news conference.

Tokyo continues to report 300-400 new cases of Covid-19 every day; it must remain in a state of emergency until June 20. The organizers of the Olympic Games have postponed the decision on the spectators until the end of June, hoping that the situation with the virus will improve.

Sponsors are impatient to have an audience, as they donated tickets to the biggest moments of the competition մրց games of other marketing events.

“A big issue for sponsors is whether they can afford the winners of the customer campaigns that started before the games last year,” said a marketing executive who advised several Tokyo 2020 sponsors on how to deal with games.

“Most of the sponsors have already benefited a lot from the ticket campaigns. “If these tickets are canceled, they will get a great response.”

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