Japan to postpone Olympics by one year after talk with IOC

An Olympics postponement would be a blow for host country Japan, which has pumped in more than $12 billion of investment, and huge sums are also at stake for sponsors and broadcasters.

Finding a new date could also be complicated as the summer 2021 sporting calendar is already crowded, while 2022 will see the soccer World Cup as well as the Beijing Winter Olympics.

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