Tokyo Olympics 2020 organisers, IOC dismiss Oxford study showing next year's Games will be costliest ever since 1960
According to the Oxford numbers, Tokyo’s spending is at $15.84 billion, already surpassing the 2012 London Olympics, which were the most expensive Summer Games to date at $14.95 billion. Tokyo organisers say officially they are spending $12.6 billion.
Tokyo Olympics 2020: Audit reports suggests showpiece event to cost more than organisers claim of $12.6 billion
The audit lists an added $9.7 billion (1.06 trillion yen) it says are Olympic-related costs that have not been included. Organisers argue that many of these costs are not tied directly to the Olympics.