Looking for savings, Olympics contemplates slashing funds for athletes village


Olympic athletes hoping to live it up at the 2020 Games in Tokyo may be in for disappointment. In an attempt to save funds, the International Olympic Committee said Tuesday it will consider revising the “level of service” provided at the athletes village, the area set aside for athlete accommodations at the Olympics.

“We are putting a number of questions to those national Olympic committees as to how we think we can find savings by reducing, to an acceptable level, the level of service in the Olympic Village,” IOC Vice President John Coates told Tokyo 2020 organizers Tuesday (via Reuters).

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