IOC to allocate $25 million for costs related to Tokyo Games delay

The International Olympic Committee said Friday it will allocate an extra $25.3 million to national Olympic committees and athletes to help them navigate the one-year postponement of the Tokyo Games.According to a statement by the IOC, $10.3 million will be available to national Olympic committees to cover additional costs that they may sustain due to the postponement, including travel expenses and accommodation.The IOC release said the funds will be available to NOCs "based on their application" without giving detail about what criteria must be met.In addition, $15 million will be dedicate…READ FULL ARTICLE