Sports

Eugene

(61,900 posts) Sat Dec 19, 2015, 11:47 AM Dec 2015

Tokyo Olympics: '£9.98bn Games bill six times over budget'

Source: BBC

Tokyo Olympics: '£9.98bn Games bill six times over budget'

19 December 2015 Olympics

The Tokyo 2020 Olympics will cost £9.98bn (1.8 trillion yen), six times more than the original estimate, it has been claimed.

Japanese public broadcaster NHK reported the overspend on its website.

It said the huge rise had been caused by unexpected payments for building lanes on highways, as well as rising material costs and personnel expenses.

Next year's Olympics in Rio has a budget of £2.38bn while London 2012 cost £8.77bn in total.

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5 replies

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Tokyo Olympics: '£9.98bn Games bill six times over budget' (Original Post) Eugene Dec 2015 OP

Rio's Budget Is A Quarter of London; 4 Years Later ProfessorGAC Dec 2015 #1

And Rio had some massive undertakings that London and Tokyo didn't even have to deal with, hughee99 Dec 2015 #2

Yeah, I Read That ProfessorGAC Dec 2015 #3

Now you know why people in Boston said NO. . . DinahMoeHum Dec 2015 #4

The Chicago Area Folks Were None Too Excited Either ProfessorGAC Dec 2015 #5

ProfessorGAC

(65,076 posts)

1. Rio's Budget Is A Quarter of London; 4 Years Later

Reply to Eugene (Original post)

Mon Dec 21, 2015, 12:59 PM

Dec 2015

Wow, that might explain the issues they're having. They grossly underestimated the costs and then decided to stay committed to a smoke and mirrors budget.

hughee99

(16,113 posts)

2. And Rio had some massive undertakings that London and Tokyo didn't even have to deal with,

Reply to ProfessorGAC (Reply #1)

Mon Dec 21, 2015, 03:31 PM

Dec 2015

like getting raw sewage out of their water.

ProfessorGAC

(65,076 posts)

3. Yeah, I Read That

Reply to hughee99 (Reply #2)

Mon Dec 21, 2015, 03:46 PM

Dec 2015

Athletes going to have to pay for their own air conditioning and other stuff like that.

They sold their people a bill of goods, and the corrupt IOC, too.

DinahMoeHum

(21,794 posts)

4. Now you know why people in Boston said NO. . .

Reply to ProfessorGAC (Reply #3)

Mon Dec 21, 2015, 08:00 PM

Dec 2015

. . .to hosting an Olympics.

ProfessorGAC

(65,076 posts)

5. The Chicago Area Folks Were None Too Excited Either

Reply to DinahMoeHum (Reply #4)

Tue Dec 22, 2015, 08:32 AM

Dec 2015

If you remember, it came down to the final grouping when Chicago got axed. Lots of people here were against it.

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