The International Paralympic Committee (IPC) has admitted it faces a cash flow problem in the wake of the postponement of the 2020 summer Paralympic Games, but has maintained it won’t turn to the International Olympic Committee (IOC) for further assistance.
Tokyo’s Paralympics were last month rescheduled to run from August 24 to September 5, 2021, as the Japanese capital’s Olympic Games were handed new dates amid the Covid-19 pandemic. Speaking during a teleconference with reporters yesterday (Wednesday), IPC president Andrew Parsons said that the governing body is seeking to cut five per cent from its budget.
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