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Olympic Games To Be Postponed by a Year due to Coronavirus

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Japan’s Prime Minister Abe Shinzo has mentioned that the summer season Olympic Games will be postponed for a year, until 2021.

The executive board of Tokyo 2020 has scheduled a press conference on Monday that is now expected formally to announce the postponement of the games. The games were scheduled to have started on July 24.

“I proposed to postpone for about a year and (IOC) president (Thomas) Bach responded with 100% agreement,” Abe told reporters.

The IOC had previously acknowledged the growing pressure on the games, caused by the coronavirus outbreak and its impact on travel and athletes’ ability to train and participate in qualifying competition. But it had said that the definitive decision to go ahead or postpone would be made in mid-April.

However, a cancellation or delay became increasingly inevitable when both Canada and Australia on Monday said that they would not participate this summer.

COPYRIGHT_BP: Published on https://bingepost.com/olympic-games-to-be-postponed-by-a-year-due-to-coronavirus/71949/ by Hilda Workman on 2020-03-24T12:58:58.000Z

The U.S. Olympic and Paralympic committee said that decision needed to made more speedily. It cited the enormous disruption to training and qualifying already wreaked by the virus pandemic. “Our most important conclusion from this broad athlete response is that even if the current significant health concerns could be alleviated by late summer, the enormous disruptions to the training environment, doping controls and qualification process can’t be overcome in a satisfactory manner,” the committee said in a statement.

As recently as Sunday the IOC said it would mull scenarios that “relate to modifying existing operational plans for the Games to go ahead on 24 July 2020, and also for changes to the start date of the Games.”

But by Monday Senior IOC member Dick Pound went public with a statement saying that the IOC had already decided to postpone the Olympics for a year. He said that the IOC still needed time to negotiate with the Japanese authorities in order that a clear alternative plan could be proposed. But other IOC members said that Pound was only speaking in a personal capacity.

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About The Authors

Hilda Workman

Hilda Workman - Hilda Workman is a licensed financial advisor with years of expertise in the industry. She has assisted a range of clients, from sole proprietors to large corporations, in reaching their financial objectives. She is informed about many different financial subjects, including tax preparation, investment planning and also in fashion. She believes that the best things are those that are imperfect.

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