IOC gives $25 million more to Olympic athletes, teams

IOC gives $25 million more to Olympic athletes, teams

The money is being awarded through the Olympic Solidarity programme. iStock

Laussane, April 25

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 programme 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 programme. The programme aims to help all 206 national Olympic teams and the refugee team sends athletes to the Games. — AP

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