Public faces hefty maintenance bill for privatized National Stadium

The Japanese public may continue paying up to around 1 billion yen ($7.5 million) in annual maintenance costs for Tokyo's National Stadium after its planned privatization, the Japan Sports Agency revealed Wednesday.The liability is outlined under a new policy concerning the prospective private operation of the stadium, which served as the main athletics venue at last year's Tokyo Olympics and Paralympics.Previously planned for the second half of 2022, the agency now hopes to commence the privatization of the stadium from fiscal 2024 under a 30-year arrangement.With the Tokyo metropolitan go…READ FULL ARTICLE