Olympics: IOC bracing for extra costs from Tokyo Games delay: Bach

International Olympic Committee President Thomas Bach revealed that the IOC is preparing to spend several hundred million dollars in additional costs due to the postponement of the 2020 Tokyo Games, the German newspaper Welt reported Sunday.Bach stated it was "impossible to say" exactly how much the one-year postponement will add to the already excessive costs Tokyo is facing but said the IOC will handle its share of the financial burden as discussed with Prime Minister Shinzo Abe before the delay was announced last month."We agreed with the prime minister that Japan will continue to cover …READ FULL ARTICLE