Official price tag of Tokyo Olympics rises 22% to $15.4 billion
4 years ago

Official price tag of Tokyo Olympics rises 22% to $15.4 billion

LA Times  

The official cost of the postponed Tokyo Olympics has increased to $15.4 billion, a rise of 22%, the local organizing committee said Tuesday in unveiling its new budget. In an online news conference, organizers said the Summer Games in the Japanese capital would now cost nearly $3 billion more to stage than the $12.6 billion envisioned in last year’s budget. When the International Olympic Committee awarded the Games to Tokyo in 2013, the city said the event would cost about $7.5 billion. “The IOC and TOCOG want the public budget to appear as small as possible, not only to guard against public criticism but also to not discourage future candidate cities,” Franz Waldenberger, director of the German Institute for Japanese Studies in Tokyo, wrote in a recent paper examining Olympic costs.

Olympics Japanese Cost Billion Official Price Tokyo Organizing  games  154  tag  official  price  tokyo  organizing  olympics  japanese  22  committee  cost  rises  summer  billion  public

History of this topic

The Olympics are more than fun and games. They’re a billion-dollar business with political overtones
6 months, 4 weeks ago

The Olympics are more than fun and games. They’re a billion-dollar business with political overtones

Associated Press  

The Paris Olympics involve about 10,500 athletes from 200 countries or regions. Income for the latest four-year cycle of Winter and Summer Games ending with the Tokyo Olympics in 2021 was $7.6 billion. In 2021, it awarded Brisbane, Australia, the 2032 Games — 11 years in advance — largely because of influential IOC member John Coates. An Olympic study by …

Salt Lake City Olympic bid projects $4 billion in total costs to stage 2034 Winter Games
7 months ago

Salt Lake City Olympic bid projects $4 billion in total costs to stage 2034 Winter Games

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Organizers for the proposed 2034 …

Ex-Tokyo Olympics official pleads not guilty to taking bribes in exchange for Games contracts
1 year, 1 month ago

Ex-Tokyo Olympics official pleads not guilty to taking bribes in exchange for Games contracts

Associated Press  

TOKYO — Haruyuki Takahashi, a former member of the Tokyo Olympic organizing committee, appeared in district court on Thursday and pleaded not guilty to taking bribes tied to the Games. A former executive with the powerful Japanese advertising company Dentsu, Takahashi is charged with accepting around 198 million yen in bribes in exchange for awarding Olympic contracts for the Tokyo …

Tokyo Olympic bribery trial opens; accused accepts guilt
1 year, 10 months ago

Tokyo Olympic bribery trial opens; accused accepts guilt

The Hindu  

A trial looking into widespread bribery at the Tokyo Olympic organising committee began Friday with a former head of a major ad company admitting to the charges. Ueno is accused of paying nearly 15 million yen to Haruyuki Takahashi, a former executive at ad giant Dentsu, who wielded powerful influence in selecting sponsors for the 2020 Games. Tokyo officials spent …

Tokyo Olympic bribery trial opens; accused accepts guilt
1 year, 10 months ago

Tokyo Olympic bribery trial opens; accused accepts guilt

Associated Press  

TOKYO — A trial looking into widespread bribery at the Tokyo Olympic organizing committee began Friday with a former head of a major ad company admitting to the charges. Ueno is accused of paying nearly 15 million yen to Haruyuki Takahashi, a former executive at ad giant Dentsu, who wielded powerful influence in selecting sponsors for the 2020 Games. Tokyo …

Audit finds Tokyo Olympic costs 20% higher than announced
2 years ago

Audit finds Tokyo Olympic costs 20% higher than announced

The Hindu  

The cost of the delayed 2020 Tokyo Olympics is 20% higher than organisers said when they announced officials figures more than a year ago, according to a report by the Board of Audit of Japan. "It should set up a system that allows full disclosure to contribute to the people's understanding about the hosting and execution of the event.” Last …

Audit finds Tokyo Olympic costs 20% higher than announced
2 years ago

Audit finds Tokyo Olympic costs 20% higher than announced

Associated Press  

TOKYO — The cost of the delayed 2020 Tokyo Olympics is 20% higher than organizers said when they announced officials figures more than a year ago, according to a report by the Board of Audit of Japan. “It should set up a system that allows full disclosure to contribute to the people’s understanding about the hosting and execution of the …

Tokyo Olympics cost 20% more than organiser reported: audit
2 years ago

Tokyo Olympics cost 20% more than organiser reported: audit

The Hindu  

Last year’s pandemic-delayed Tokyo Olympics cost 20 per cent more than the final figure reported by the organising committee, according to an analysis by Japan’s audit board. A report issued late Wednesday found the Games cost 1.7 trillion yen, up from the 1.42 trillion yen reported by Tokyo 2020 earlier this year. The audit board said organisers had incorrectly failed …

Publishing executive charged in Tokyo Olympic bribes scandal
2 years, 3 months ago

Publishing executive charged in Tokyo Olympic bribes scandal

Associated Press  

TOKYO — A top executive at a major Japanese publisher was charged Tuesday with bribing a former Tokyo Olympics organizing committee member. The charges against Tsuguhiko Kadokawa, a major figure in Japan’s movie and entertainment industry, are the latest in the unfolding corruption scandal related to last year’s Tokyo Summer Games. Takahashi, a former executive at advertising company Dentsu who …

Tokyo Olympics sponsorship scandal widens with more arrests
2 years, 4 months ago

Tokyo Olympics sponsorship scandal widens with more arrests

Associated Press  

TOKYO — Bribery allegations against a former Tokyo Olympics organizing committee member widened Tuesday as Japanese prosecutors “re-arrested” Haruyuki Takahashi in a case involving suspected payments from a publisher which became a sponsor for the Games. The latest allegations center on 76 million yen Takahashi received from Tokyo-based publishing company Kadokawa, according to Tokyo District prosecutors. The sponsorship allowed Kadokawa, …

Japan makes arrests on bribery suspicions in Tokyo Olympics
2 years, 4 months ago

Japan makes arrests on bribery suspicions in Tokyo Olympics

The Hindu  

A former Tokyo Olympics organising committee board member and three people from a clothing company, which was a surprise sponsor of the 2020 Games, were arrested on bribery suspicions on August 17. “Haruyuki Takahashi, a former executive at advertising company Dentsu, is suspected of receiving bribes from the former head of Aoki Holdings Inc. and two company employees,” the prosecutors’ …

Delayed Tokyo 2020 Olympics cost double original estimate at 1.42 trillion yen
2 years, 6 months ago

Delayed Tokyo 2020 Olympics cost double original estimate at 1.42 trillion yen

Firstpost  

The Games cost twice the 734 billion yen that the Tokyo Games organisers had predicted in their bid to the International Olympic Committee in 2013. Tokyo: The final price tag for last year’s Tokyo Olympics was more than double the city’s original 2013 estimate after a one-year coronavirus postponement added to the already hefty bill. The Games cost twice the …

Tokyo closes books on delayed Games; $13 billion price tag
2 years, 6 months ago

Tokyo closes books on delayed Games; $13 billion price tag

Associated Press  

TOKYO — The final price tag for last year’s COVID-delayed Tokyo Olympics was put at $13 billion, the organizing committee said Tuesday in its final act before it is dissolved at the end of the month. “We made an estimate, and the estimate has gone down lower than we expected,” Tokyo organizing committee CEO Toshiro Muto said, speaking through an …

$13 billion cost for COVID-delayed Tokyo Olympics is double the original estimate
2 years, 6 months ago

$13 billion cost for COVID-delayed Tokyo Olympics is double the original estimate

LA Times  

U.S. skateboarder Jake Ilardi competes in the men’s street prelims during the Tokyo Olympic Games. The final price tag for last year’s COVID-delayed Tokyo Olympics was put at $13 billion, the organizing committee said Tuesday in its final act before it is dissolved at the end of the month. Olympics 2020 Tokyo Olympics: Complete coverage from 29th Summer Games News, …

Tokyo 2020 Organisers Trim Cost Estimate For Covid-postponed Olympics
3 years ago

Tokyo 2020 Organisers Trim Cost Estimate For Covid-postponed Olympics

News 18  

Tokyo Olympics organisers revised the estimated cost of the Covid-postponed Games downwards on Wednesday, but the figure was still around double the budget proposed in the city’s original 2013 bid. Despite losing out on ticket sales due to a near-total ban on spectators, organisers said they had saved cash by simplifying events and avoiding the cost of hosting millions of …

Tokyo Olympics 2020 CEO Toshiro Muto says official costs of Games will be known early next year
3 years, 3 months ago

Tokyo Olympics 2020 CEO Toshiro Muto says official costs of Games will be known early next year

Firstpost  

Although the official cost for Tokyo 2020 has been listed as $15.4 billion, several government audits have shown costs may be much higher. Toshiro Muto, the chief executive officer of the Tokyo Olympic organising committee, said on Tuesday he was not ready to say if the cost of the Games would go higher than the official budget figure of $15.4 …

Tokyo Games CEO: Official costs known early next year
3 years, 3 months ago

Tokyo Games CEO: Official costs known early next year

The Hindu  

Toshiro Muto, the chief executive officer of the Tokyo Olympic organising committee, said on Tuesday he was not ready to say if the cost of the Games would go higher than the official budget figure of $15.4 billion. The people in charge are looking into this.” Muto said it would likely be early next year before the official cost of …

Tokyo Olympics Cost USD 15.4 Billion; But What Else Could That Buy?
3 years, 5 months ago

Tokyo Olympics Cost USD 15.4 Billion; But What Else Could That Buy?

News 18  

The official price tag for the Tokyo Olympics is $15.4 billion, which a University of Oxford study says is the most expensive on record. TOKYO 2020 OLYMPICS – INDIA vs GREAT BRITAIN HOCKEY MATCH | FULL COVERAGE | INDIA IN FOCUS | SCHEDULE | RESULTS | MEDALS TALLY | PHOTOS | OFF THE FIELD | EBOOK The point is, Olympic …

Tokyo Olympics 2020: The Summer Games cost $15.4 billion. What else could that buy?
3 years, 5 months ago

Tokyo Olympics 2020: The Summer Games cost $15.4 billion. What else could that buy?

Firstpost  

Olympic costs have been dissected in a study by the University of Oxford, which found that all Games since 1960 have had cost overruns averaging 172%. For example: The 1964 Tokyo Games, he says, “were either one of the cheapest or one of the most expensive Games depending on how much of the preparation costs count as the Olympics.” The …

Tokyo Olympics cost $15.4 billion. What else could that buy?
3 years, 5 months ago

Tokyo Olympics cost $15.4 billion. What else could that buy?

Associated Press  

TOKYO — The official price tag for the Tokyo Olympics in $15.4 billion, which a University of Oxford study says is the most expensive on record. For example: The 1964 Tokyo Games, he says, “were either one of the cheapest or one of the most expensive Games depending on how much of the preparation costs count as the Olympics.” The …

Holding Tokyo Olympics in pandemic shreds consensus in Japan
3 years, 6 months ago

Holding Tokyo Olympics in pandemic shreds consensus in Japan

Associated Press  

TOKYO — Japan is famous for running on consensus. “It’s a bit like a gambler who already has lost too much,” said Koichi Nakano, a political scientist at Sophia University in Tokyo. IOC President Thomas Bach called Tokyo the “best prepared Olympics ever” — and he still says it repeatedly. “Many people were looking forward to watching the Games at …

Fans banned at Olympics after Tokyo institutes a state of emergency
3 years, 6 months ago

Fans banned at Olympics after Tokyo institutes a state of emergency

LA Times  

Tokyo Olympic organizers will not allow spectators to attend the Games after a new state of emergency was announced in response to a surge in coronavirus cases. The sound of silence in empty stadiums and arenas will unarguably diminish the massive sports competition, said the International Olympic Committee, organizers and government officials in a joint statement that offered “regret for …

Tokyo shapes up to be No-Fun Olympics with many rules, tests
3 years, 6 months ago

Tokyo shapes up to be No-Fun Olympics with many rules, tests

Associated Press  

TOKYO — The Tokyo Olympics, already delayed by the pandemic, are not looking like much fun: Not for athletes. Dr. Shigeru Omi, the government’s top COVID-19 adviser, called it “abnormal” to hold the world’s biggest sports event during a pandemic. “It’s a bit like a gambler who already has lost too much,” said Koichi Nakano, a political scientist at Sophia …

Tokyo Olympics still undecided on fans — or no fans at all
3 years, 7 months ago

Tokyo Olympics still undecided on fans — or no fans at all

The Hindu  

The question of allowing any fans into Tokyo Olympic venues is still being debated with a decision unlikely to be announced before the end of the month. READ| Japan considering downgraded emergency state until Tokyo Games start “Thinking in a different way, I think it’s an option to suggest to people to enjoy the games on TV — like teleworking," …

HT Editorial: The Olympics dilemma
3 years, 7 months ago

HT Editorial: The Olympics dilemma

Hindustan Times  

There is perhaps no safe way of conducting the Tokyo Olympic and Paralympic Games, slated to begin on July 23. The International Olympic Committee has, however, turned a deaf year to calls for cancelling the Games and gone on the offensive — with its longest serving member, Dick Pound, recently saying that cancelling the event was “essentially off the table”. …

IOC VP gets backlash saying Olympics are on, no matter virus
3 years, 7 months ago

IOC VP gets backlash saying Olympics are on, no matter virus

Associated Press  

TOKYO — If John Coates was trying to stir controversy, he succeeded. Coates replied: “Absolutely, yes.” Coates said what the IOC and local organizers have been trying to persuade the Japanese public about for months: The postponed Olympics with 11,000 athletes from 200 nations and territories will open on July 23 and will be “safe and secure.” But his defiant …

Tokyo Olympics Will Go On Despite State Of Emergency, IOC Says
3 years, 7 months ago

Tokyo Olympics Will Go On Despite State Of Emergency, IOC Says

Huff Post  

LOADING ERROR LOADING TOKYO — The IOC vice president in charge of the postponed Tokyo Olympics said Friday the games would open in just over two months even if the city and other parts of Japan were under a state of emergency because of rising COVID-19 cases. John Coates, speaking from Australia in a virtual news conference with Tokyo organizers …

Tokyo under ‘emergency orders’ with Olympics 3 months away
3 years, 8 months ago

Tokyo under ‘emergency orders’ with Olympics 3 months away

Associated Press  

TOKYO — Only three months before the postponed Olympics are set to open, Tokyo and Japan’s second largest metropolitan area of Osaka have been placed under emergency orders aimed at stemming surging cases of the coronavirus. The measures, which take place during Japan’s “golden week” holiday period, are meant to limit travel and keep people out of public places. Bach …

100 Days: Tokyo Olympics marked by footnotes and asterisks
3 years, 9 months ago

100 Days: Tokyo Olympics marked by footnotes and asterisks

Associated Press  

TOKYO — Tokyo pitched itself as “a safe pair of hands” when it was awarded the Olympics 7 1/2 years ago. Japan’s vaccine rollout has been almost nonexistent, few will get shots before the Olympics open, and Tokyo has raised its “alert level” with another wave predicted about the time of the opening ceremony. “I think the government knows full …

Tokyo Olympics 2020: Some medical experts unconvinced about holding Summer Games
3 years, 9 months ago

Tokyo Olympics 2020: Some medical experts unconvinced about holding Summer Games

Firstpost  

Tokyo: The Tokyo Olympics open in under four months, and the torch relay has begun to crisscross Japan with 10,000 runners. Japan is dangerous, not a safe place at all.” Sugaya believes vaccinating 50-70% of the general public should be “a prerequisite” to safely hold the Olympics, a highly unlikely scenario given the slow vaccine rollout in Japan. “Tens of …

It's March, the month when the Tokyo Olympics were postponed
3 years, 10 months ago

It's March, the month when the Tokyo Olympics were postponed

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. These Olympics have been through plenty: a global pandemic, …

Tokyo Olympics 2020: Senior IOC member Richard Pound unsure Summer Games will happen
4 years ago

Tokyo Olympics 2020: Senior IOC member Richard Pound unsure Summer Games will happen

Firstpost  

Tokyo: A senior member of the International Olympic Committee has said he “can’t be certain” the postponed Tokyo Olympics will open in just over six months because of the surging pandemic in Japan and elsewhere. The comments by Canadian IOC member Richard Pound to British broadcaster the BBC came as Japanese Prime Minister Yoshihide Suga declared a state of emergency …

Tokyo Games: All 68 domestic sponsors agree to new contracts
4 years ago

Tokyo Games: All 68 domestic sponsors agree to new contracts

Associated Press  

TOKYO — Tokyo Olympic officials said Thursday they have reached a “basic agreement” with all 68 domestic sponsors to extend their contracts into next year to support the postponed Games. Yoshiro Mori, the president of the organizing committee, said at an on-line briefing that the new contributions “will exceed” 22 billion yen, or about $210 million, to patch up holes …

Tokyo Olympics: All 68 domestic sponsors agree to new contracts
4 years ago

Tokyo Olympics: All 68 domestic sponsors agree to new contracts

The Hindu  

Tokyo Olympic officials said on Thursday they have reached a “basic agreement” with all 68 domestic sponsors to extend their contracts into next year to support the postponed Games. The Japanese newspaper Nikkei reported earlier this month — citing sources close to the matter — that the top 15 so-called “Gold Partners” would contribute an added 1 billion yen each. …

Official costs of Tokyo Olympics up by 22% to $15.4 billion
4 years ago

Official costs of Tokyo Olympics up by 22% to $15.4 billion

Associated Press  

TOKYO — The official cost of the postponed Tokyo Olympics has increased by 22%, the local organizing committee said in unveiling its new budget on Tuesday. Tokyo said the Olympics would cost about $7.5 billion when the IOC awarded the games in 2013. “The Tokyo Olympics are operating in a very tough environment,” Toshiro Muto, the CEO of the organizing …

Tokyo Games sponsors pay $3.3 billion, but more still needed
4 years, 1 month ago

Tokyo Games sponsors pay $3.3 billion, but more still needed

Associated Press  

TOKYO — Domestic sponsors already have contributed a record $3.3 billion to help pay for the Tokyo Olympics. But they have not specified an amount.” None of the nearly 70 domestic sponsors is saying “no"— at least publicly — to an Olympics backed by Prime Minister Yoshihide Suga and driven by Japan’s powerful advertising conglomerate Dentsu Inc., the official marketing …

Tokyo Games sponsors pay $3.3 billion, but more still needed
4 years, 1 month ago

Tokyo Games sponsors pay $3.3 billion, but more still needed

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. But they have not specified an amount.” None of …

Despite rising costs, Japan PM promises on delivering Tokyo Olympics
4 years, 1 month ago

Despite rising costs, Japan PM promises on delivering Tokyo Olympics

India TV News  

Despite the postponement of the Tokyo Olympic Games costing the Japanese economy an additional 294 billion yen, Japan's prime minister Yoshihide Suga has reiterated that the government will spare no effort to make the Games a success. "I expressed my strong determination to host the Tokyo Olympic and Paralympic Games in the summer of next year as proof that humanity …

Tokyo Olympics postponement due to coronavirus pandemic to cost Japan $2.8 billion
4 years, 1 month ago

Tokyo Olympics postponement due to coronavirus pandemic to cost Japan $2.8 billion

India Today  

The postponement of the Tokyo Olympics from 2020 to 2021 due to the novel coronavirus pandemic is going to cost Japanese a whopping $2.8 billion, the organising committee said on Friday. Tokyo metropolitan government is expected to pay 120 billion yen, the organising committee 103 billion yen and the Japanese government 71 billion yen, organisers said. Tokyo 2020 is also …

2021 Tokyo Olympics to symbolise pandemic end, despite billion-dollar postponement costs
4 years, 1 month ago

2021 Tokyo Olympics to symbolise pandemic end, despite billion-dollar postponement costs

ABC  

Japanese Prime Minister Yoshihide Suga says he will "spare no effort" to ensure a safe and secure Tokyo Olympic Games to show the world that humanity has defeated the COVID-19 pandemic. Key points: Delay costs may reach $3.8 billion, organisers say Mr Suga said a successful 2021 Games would prove the end of the pandemic The Tokyo Olympics are postponed …

Tokyo Olympics won’t confirm added costs reported at $3 billion - Sports News
4 years, 1 month ago

Tokyo Olympics won’t confirm added costs reported at $3 billion - Sports News

The Hindu  

Organisers of the delayed Tokyo Olympics have declined to confirm widely circulated reports in Japan that the costs of the one-year postponement will be about $3 billion. The Yomiuri newspaper and Kyodo on Sunday detailed added costs of 200 billion yen, about $2 billion, to renegotiate venues leases, pay staff salaries, and cover other operational expenditure. The reported cost of …

Tokyo 2020 organisers estimate Games postponement cost $1.9 billion: Report
4 years, 1 month ago

Tokyo 2020 organisers estimate Games postponement cost $1.9 billion: Report

Live Mint  

This year's postponement of the Tokyo Olympics because of the novel coronavirus cost about 200 billion yen, organisers have estimated, the Yomiuri newspaper reported on Sunday, citing people involved with the event. The International Olympic Committee and the Japanese government were forced to put off the Games for a year in March as the coronavirus spread rapidly around the world. …

Tokyo 2020 organisers estimate Olympics postponement cost USD 1.9 billion
4 years, 1 month ago

Tokyo 2020 organisers estimate Olympics postponement cost USD 1.9 billion

The Hindu  

This year's postponement of the Tokyo Olympics because of the novel coronavirus cost about 200 billion yen, organisers have estimated, the Yomiuri newspaper reported on Sunday, citing people involved with the event. The organising committee will decide on a breakdown of the burden of the delay in December, after discussions between the committee, the Tokyo metropolitan government and the central …

Tokyo opens its Olympic swimming venue
4 years, 2 months ago

Tokyo opens its Olympic swimming venue

The Hindu  

Tokyo opened its new Olympic swimming venue on Saturday, and Tokyo Governor Yuriko Koike pointed out that it was finished eight months ago, just weeks before the Tokyo Olympics were postponed until next year by the coronavirus. Now comes the hard part for Tokyo Olympic organisers: figuring out how to run the Olympics, nine months from now, in the middle …

Olympic swim venue ready and now comes hard part: COVID-19
4 years, 2 months ago

Olympic swim venue ready and now comes hard part: COVID-19

Associated Press  

TOKYO — Tokyo opened its new Olympic swimming venue on Saturday, and Tokyo Governor Yuriko Koike pointed out that it was finished eight months ago, just weeks before the Tokyo Olympics were postponed until next year by the coronavirus. Now comes the hard part for Tokyo Olympic organizers: figuring out how to run the Olympics, nine months from now, in …

Tokyo Games 2021 is on track: IOC assures sports bodies
4 years, 3 months ago

Tokyo Games 2021 is on track: IOC assures sports bodies

The Hindu  

The International Olympic Committee tried to assure dozens of international sports federations on Thursday that the postponed Tokyo Games will open on July 23. The IOC and Tokyo organisers have been holding on-line sessions this week with about 200 national Olympic committees, and with the more than 30 summer sports bodies that are represented on the program. “We are very …

Tokyo Olympics say they found savings even as costs rise
4 years, 3 months ago

Tokyo Olympics say they found savings even as costs rise

The Hindu  

Tokyo Olympic organisers estimate they have found cost-savings of about $280 million by simplifying and cutting some frills from next year’s postponed games. READ| Gakuji Ito, the chief financial officer of the Tokyo Olympics, acknowledged the cost-savings figure was only an estimate. Among them were- changes in equipment and re-configuring venues; fewer decorative banners; a 10-15% reduction in “stakeholders” delegation …

Tokyo Olympics say they found savings even as costs rise
4 years, 3 months ago

Tokyo Olympics say they found savings even as costs rise

Associated Press  

TOKYO — Tokyo Olympic organizers estimate they have found cost-savings of about $280 million by simplifying and cutting some frills from next year’s postponed games. “How we calculated the cost reductions is something that is unprecedented and it is an initiative no one has every experienced,” Ito said, speaking in Japanese. Also largely untouched will be the opening and closing …

IOC gets official look at simplification for Tokyo Olympics
4 years, 3 months ago

IOC gets official look at simplification for Tokyo Olympics

The Hindu  

The IOC and local organisers are trying to “simplify” the postponed Tokyo Olympics, promising to save money in what one study says is already the most expensive Summer Olympics on record. Also largely untouched will be the opening and closing ceremonies, the heavily READ: Vaccines won’t be ‘silver bullet’ for staging Olympics Some of the proposed cuts listed in a …

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