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IOC declares just $620.7m in revenues for 2017-20, media rights income deferred

Image: IOC

The impact of the postponement of the Tokyo 2020 Olympics on the International Olympic Committee’s finances has been laid bare in its latest financial statements, with the organisation declaring revenues of just $620.7m (€526.2m) for the year ended December 31, 2020.

The international body would usually expect to generate far more in an Olympic year, with previous audited financial statements indicating its commercial programme delivered $5.7bn in revenues across its last four-year-cycle (2013-16).

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