IOC Gives $25M More to Olympic Athletes, Teams

The International Olympic Committee is allocating more than $25 million to cover extra athlete and team costs related to the one-year postponement of the Tokyo Games.

Laussane, Apr 25 (AP) The International Olympic Committee is allocating more than $25 million to cover extra athlete and team costs related to the one-year postponement of the Tokyo Games.

The IOC says an extra $15 million will go to a program helping 1,600 athletes from 185 less well-funded countries prepare for the games in 2021.

More than $10 million is available for national Olympic bodies to cover additional operational costs such as travel and accommodation for officials.

The money is being awarded through the Olympic Solidarity program. The program aims to help all 206 national Olympic teams and the refugee team send athletes to the games. (AP)

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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