COVID-19 forces postponement of 2020 Summer Olympics in Tokyo threatening over $10 Billion worth of deals
Tuesday, March 24, 2020
Following the breaking news that IOC member Dick Pound has claimed that a postponement of the Olympic Games has now been all but agreed in light of the global coronavirus (COVID-19) outbreak; Conrad Wiacek, Head of Analysis & Consulting at Sportcal, a GlobalData company, offers his view on the postponement of the Olympic Games: "Up to this point both the IOC and Japanese government have insisted the Games will go ahead as scheduled, with a view to preserving over $10bn worth of global media and sponsorship agreements, but at this stage, it looks like we are waiting for official confirmation... Read more →