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Tokyo Games sponsors pay $3 3 billion, but more still needed

December 12, 2020 Share Domestic sponsors already have contributed a record $3.3 billion to help pay for the Tokyo Olympics. That’s at least twice as much as any previous games. But it’s still not enough. Now they’re being asked to pay millions more to cover some of the soaring costs of the one-year postponement. This comes as Japanese businesses are battered by the COVID-19 pandemic, raising doubts about re-investing in an Olympics that may be short on fans but long on pandemic-related rules to discourage tourists, sightseeing and spending. “We are in the process of asking for additional sponsorship (payments) from our partners,” organizing committee CEO Toshiro Muto said last week as he detailed why the postponement will cost organizers and Japanese taxpayers an extra $2.8 billion. “The sponsors have expressed the willingness to contribute to the games next year. But they have not specified an amount.”

Rio de janeiroEstado do rioBuenos airesDistrito federalTomonao matsuoHaruyuki takahashiTsunekazu takedaYoshihide sugaThomas bachBob dorfmanToshiro mutoAp photo creditUniversity of oxfordAssociated pressInternational olympic committeeDentsu inc

Tokyo Games sponsors pay $3 3 bln - ARAB TIMES

Messenger TOKYO, Dec 12, (AP): Domestic sponsors already have contributed a record $3.3 billion to help pay for the Tokyo Olympics. That’s at least twice as much as any previous games. But it’s still not enough. Now they’re being asked to pay millions more to cover some of the soaring costs of the one-year postponement. A TV monitor displays Tokyo 2020 Olympic Games mascots Miraitowa in Tokyo, on Dec 9. Domestic sponsors have already contributed a record of $3.3 billion to help pay for the Tokyo Olympics. That’s at least twice as much as any previous Games. It’s still not enough. Now they’re being asked to pay millions more to cover some of the soaring costs of the one-year postponement. (AP)

Rio de janeiroEstado do rioBuenos airesDistrito federalTomonao matsuoTsunekazu takedaYoshihide sugaThomas bachToshiro mutoAssociated pressA university of oxfordInternational olympic committeeDentsu incJapanese olympic committeeTidings coPrime minister yoshihide suga

Tokyo Olympic sponsors asked to pay more

Tokyo Olympic sponsors asked to pay more
japantoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantoday.com Daily Mail and Mail on Sunday newspapers.

Rio de janeiroEstado do rioBuenos airesDistrito federalTomonao matsuoHaruyuki takahashiTsunekazu takedaYoshihide sugaThomas bachBob dorfmanToshiro mutoUniversity of oxfordAssociated pressInternational olympic committeeDentsu incTemple university

Tokyo Olympic Games sponsors pay $3 3 billion, but more still needed

Tokyo Olympic Games sponsors pay $3 3 billion, but more still needed
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