Sports News

Postponed Tokyo Olympics: NOCs’ Funding Has Been Increased

In other to guarantee the participation of all 206 National Olympics Commitees(NOCs) in the postponed Tokyo Olympics, the Olympics Solidarity has increased funding to each NOCs.

The budget allocated to the International Olympic Committee subsidies programme has been increased by $10.3 million (£8.3million/€9.5million). 

Additional funds are for exceptional Games-related costs incurred by NOCs due to the postponement of Tokyo 2020.

The ongoing coronavirus pandemic forced the Olympics and Paralympics to be rescheduled to July 23 to August 8 and August 24 to September 5 2021 respectively. 

A supplementary budget of $15 million (£12million/€14million) has already been added to the Olympic Solidarity athletes programmes after they were extended to 2021. 

By discernsportblog

Former sprinter, Taewondo and Badminton Player. Sport Physiotherapist

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