The Tokyo Olympics is expected to lose more than 5 billion yuan in ticket revenue. The Olympic Organizing Committee will face an imbalance in revenue and expenditure
Overseas Network, July 11th. On the 11th local time, Tokyo Olympic Organizing Committee chief executive Muto Toshiro said that as Olympic events in five regions including Tokyo will be held empty, ticket revenue will increase from the estimated 90 billion yen (about 90 billion yen). (RMB 5.3 billion) to billions of yen, the Olympic Organizing Committee will face an imbalance in revenue and expenditure.
According to a report from Japan’s Jiji News Agency on the 11th, Muto said while participating in a TV show that not only will the Olympic ticket revenue be greatly reduced, but because the game will be held in empty venues, it will also cost extra to re-adjust the game operation mode. He said that the revenue and expenditure situation of the Tokyo Olympic Organizing Committee “will undoubtedly be out of balance.”
The Tokyo Olympic Organizing Committee has recruited about 70,000 event volunteers. As most of the games are held in empty venues, some volunteers may “lost job opportunities”, but Muto said that “will be re-arranged and changed the scope of work. , So that all volunteers can continue to maintain activities”.