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IOC posts revenues of $7.6bn for elongated Olympic cycle

International Olympic Committee president Thomas Bach at the Tokyo 2020 Olympics. (Photo by Carmen Mandato/Getty Images)

The International Olympic Committee has declared revenues of $7.6bn (€7.2bn) for the 2017-21 Olympic cycle after the delayed Tokyo 2020 Olympics helped increase its revenues to $4.2bn for the last calendar year.

The's IOC latest financial report reveals net income of $843.8m during the 12-month period to the end of December. In 2020, it registered a $55m loss after the Tokyo 2020 Olympics were postponed by a year.

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