Significant Savings to Be Found in Tokyo 2020 Budget -- ATRadio

(ATR) John Coates joins ATRadio to discuss the Tokyo 2020 budgetary issues and how the IOC and organizers can cut costs.

(ATR) IOC vice president John Coates joins ATRadio to give an update on the Tokyo 2020 Coordination Commission and Rio 2016 transfer of knowledge session that recently concluded in Japan.

While Coates says the Rio 2016 debriefing session was a success and that progress for Tokyo 2020 is on track, he offers criticism about the organizational budget of the Games.

Coates says the IOC won’t accept the Tokyo 2020 projected budget of $20 billion because spending that much on the Games is "not doing the right thing by the Tokyo taxpayers and that’s not doing the right thing by the IOC".

"We think there are other significant savings to be found and we don’t want to give a misconception as to what the cost of running a Games is," Coates told Around the Rings in an exclusive interview.

Listen below for the full conversation with Coates and ATR Editor Ed Hula.

Written by Kevin Nutley

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