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AOC records A$900,000 deficit as Covid hits, but sponsorship revenue stable

John Coates speaks to the media following the Australian Olympic Committee Annual General Meeting on May 9, 2020 (by Cameron Spencer/Getty Images)

The Australian Olympic Committee recorded a deficit of A$900,000 ($697,000/ €581,000) after the Covid-19 pandemic forced the delay of the Tokyo 2020 Olympic Games.