The 2020 Tokyo Olympic Games will be postponed
The International Olympic Committee (IOC) has decided to postpone the Tokyo Olympic and Paralympic Games which were both scheduled for the summer of 2020.
Thomas Bach, president of the IOC, has set a four-week deadline period to decide on the new dates for the international sporting events.
The decision to postpone the 2020 Olympic Games, which would've been held between July 24 and August 9, has been taken due to the coronavirus outbreak and will be made official in the next few hours.
IOC have ruled out cancelling the events but have finally given in to pressure from important federations such as that of the United Kingdom and the United States.
In the upcoming weeks, Tokyo Olympics organisers have to deal with several legal implications in regard to ongoing contracts, insurance fees, future inhabitants who have already bought buildings in the Olympic Village and the extra cost of their maintenance.
posted Monday March 23rd
by Gerardo Riquelme