International Olympic Committee (IOC) president Thomas Bach and Tokyo Governor Yuriko Koike have agreed to establish a four-party working group in an effort to address increasing concerns over rising costs for the Japanese capital’s staging of the 2020 summer Olympic Games, as reports indicated that South Korea could potentially step in amid a dispute over the venue for rowing and canoeing.
Salt Lake City in Utah, United States, has established a committee to investigate a possible bid for the 2026 or 2030 winter Olympic and Paralympic Games, while the International Olympic Committee (IOC) has spoken of its “disappointment” that Innsbruck will not enter the race to host the 2026 Games.
Tokyo 2020 has claimed further progress in efforts to reduce the cost of the 2020 summer Olympic Games by stating that it has reduced the budget for facility development by Y41.3bn (€312.6m/$362.6m).
