Sports

IOC Gives Over $25 Million to Olympic Athletes, Teams to Cover Costs of Postponement


IOC president Thomas Bach (Photo Credit: Reuters)

IOC president Thomas Bach (Photo Credit: Reuters)

The IOC says an extra $15 million will go to a program helping 1,600 athletes from 185 less well-funded countries prepare for the games in 2021.

  • Associated Press
  • Last Updated: April 25, 2020, 2:11 PM IST

Lausanne: The International Olympic Committee is allocating more than $25 million to cover extra athlete and team costs related to the one-year postponement of the Tokyo Games.

The IOC says an extra $15 million will go to a program helping 1,600 athletes from 185 less well-funded countries prepare for the games in 2021.

More than $10 million is available for national Olympic bodies to cover additional operational costs such as travel and accommodation for officials.

The money is being awarded through the Olympic Solidarity program. The program aims to help all 206 national Olympic teams and the refugee team send athletes to the games.

Next Story



Source link

Share on Facebook
Tweet
Follow us
Tagged 25, Athletes, Costs, Cover, IOC, , Olympic, postponement, teams

Leave a Reply

Your email address will not be published. Required fields are marked *