Staying afloat financially: for Olympic organizations, loans may be short-term fix in uncertain times

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Staying afloat financially: for Olympic organizations, loans may be short-term fix in uncertain times

In these days of near total uncertainty about the impact and duration of the coronavirus pandemic on our lives, even moments of clarity are lost in the blur of the big, frightening picture.

We know the 2020 Tokyo Olympic Games now are supposed to begin July 23, 2021. Emphasis on supposed to. Not only a Cassandra would look at the pandemic’s uncontrolled and growing scope and prophesy that there is a good chance those Olympics will not take place then – or ever.

Especially given this from Allen Sills, the National Football League’s chief medical officer, in an NFL.com story Thursday: "As long as we're still in a place where when a single individual tests positive for the virus that you have to quarantine every single person who was in contact with them in any shape, form or fashion, then I don't think you can begin to think about reopening a team sport." And the story continued with Sills saying it is too early to think about dealing with large groups of fans until a vaccine is available.

Yet because trying to look forward is far more rewarding, especially in terms of mental health, all the players hoping for a 2020/1 (or 2020One) Summer Games are searching for ways to get there.

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IOC vice-president DeFrantz says she has no official word yet on 2020 postponement

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IOC vice-president DeFrantz says she has no official word yet on 2020 postponement

International Olympic Committee vice president Anita DeFrantz of the United States said Monday she had not yet received any official word that a final decision on any postponement of the 2020 Olympics has been made.

“If that is the case, then you know more than a vice-president of the International Olympic Committee,” DeFrantz said via telephone from her home in Santa Monica, Calif. “It would be news to me.”

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IOC says 2020 Olympics decision within four weeks; former marketing chief says 2021 only alternative; Aussies, Canada say no to 2020 while U.S. walks IOC line

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IOC says 2020 Olympics decision within four weeks; former marketing chief says 2021 only alternative; Aussies, Canada say no to 2020 while U.S. walks IOC line

Under growing pressure from the world sports community to put off the 2020 Tokyo Summer Olympics, the International Olympic Committee finally used the word “postponement” in conceding Sunday that its steadfast “The Games Will Still Go On” position in the face of the coronavirus pandemic was untenable.

The IOC’s announcement, in the form of a statement and a letter to athletes from its president, Thomas Bach, did not rule out the possibility of the Games opening in a scaled-down form as scheduled this July 24 and made only two definitive statements:

*Cancellation of the 2020 Olympics is “not on our agenda.”

*The IOC expects to be able within four weeks to have a decision on when the 2020 Olympics will take place.

An hour prior to the Sunday announcement, a well-connected Olympic marketing executive had told me in a telephone conversation that he saw a postponement to 2021 as the decision.

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U.S. Olympic leaders decline leadership role on fate of 2020 Tokyo Olympics, refuse to call publicly for postponement

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U.S. Olympic leaders decline leadership role on fate of 2020 Tokyo Olympics, refuse to call publicly for postponement

The leaders of the United States Olympic and Paralympic Committee, chief executive Sarah Hirshland and board chair Susanne Lyons, did just what I expected in a Friday media teleconference,

They equivocated.

Completely passed the buck to the International Olympic Committee on the fate of the 2020 Olympics rather than have the USOPC stake out a higher moral ground, which the IOC long has been unwilling to do on far more matters than just the coronavirus issue.

Fell back on bureaucratic speak.

Repeated several variations on the mantra, as expressed by Lyons, “I can assure you there is no circumstance when the USOC would send our athletes into harm’s way.”

Declined to take a stand showing they meant what that mantra implies.

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Full of vainglory, IOC grandees sweat details about Tokyo 2020 while hiding big picture

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Full of vainglory, IOC grandees sweat details about Tokyo 2020 while hiding big picture

The International Olympic Committee said some things Tuesday about the 2020 Tokyo Olympics and the coronavirus in the form of what it called a “communique,” because the simple word “statement” apparently is not good enough for these self-appointed pooh-bahs.

The dispatch from Olympus publicly addressed only the issue of how athletes who have yet to qualify for the Summer Games might do so, which shows the IOC is 1) rearranging deck chairs on the Titanic and/or 2) is so distanced from reality it won’t acknowledge the elephant in the room until the beast finishes shitting on them.

The statement tries to justify avoiding mention of the possibility these Summer Games might not take place as scheduled by saying, “any speculation at this moment would be counter-productive.”

That comes at the end of a paragraph reading, “The IOC remains fully committed to the Olympic Games Tokyo 2020, and with more than four months to go before the Games there is no need for any drastic decisions at this stage. . .”

There is no need for “drastic” decisions now.

What is needed is for the IOC to tell the truth about whether it is considering alternatives to 2020. It is foolhardy for the IOC to say speculation would be counter-productive when every person with a functioning brain is wondering what decisions the IOC might take if “drastic” action is needed and when such decisions might be made.

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