Sources from Tokyo have stated that Tokyo could be forced to downsize or relocate three venues for the 2020 Olympic Games in drastic cost-slashing measures, the city's new governor has said on Thursday.
Meanwhile a group of academics and business leaders have submitted a proposal to Governor Yuriko Koike which included plans to overhaul the swimming, volleyball and kayak facilities, currently estimated at some $1.5 billion.
It comes after a series of embarrassing problems for Tokyo organizers, including the scrapping of plans for the Olympic stadium and a French probe into alleged corruption. Professor Shinichi Ueyama of Keio University, who was on the panel, warned the initial Games cost of 734 billion yen would skyrocket past 3 trillion yen.
As per latest report Tokyo's preparations for the 2020 Games have been plagued by controversy since beating out Madrid and Istanbul in the bidding race three years ago and the Japanese Prime Minster Shinzo Abe has tried up initial plans for the Olympic stadium amid public anger over its $2 billion price tag.
