IOC awards 2020 Olympics to Tokyo

The International Olympic Committee (IOC) has awarded the 2020 Olympics to Tokyo. The Japanese capital beat off competition from Istanbul and Madrid following a vote by the IOC at its 125th Session in Buenos Aires today.

Having promoted itself as the “safe pair of hands” to the Olympic Movement, Tokyo spent the majority of this week in Argentina playing down the nuclear leak threat from the Fukushima power plant. However, evidence of lessons learned from its 2016 bid and a healthy set financial guarantees clearly impressed the IOC voters.

“Tokyo is a choice that is about a very good technical plan, for its future vision of the city and also the fact that it is another statement of the Olympic Games going to Asia," Mike Lee, founder of Vero Communications and the man who helped mastermind London 2012’s successful Olympic bid, told SportBusiness International. “They have spent a lot of time convincing the Olympic Family that the nuclear issue will not affect the Games, and the importance of Asia as a market for Olympic sport is huge.”

The winners of the 2020 sports race and the new IOC president will be announced tomorrow (September 8) and Tuesday (September 10) respectively.