Opinion / Olympics 2020: can sports’ oldest brand survive the furore? Staging the Tokyo summer games despite widespread Covid-19 fears could damage the 100-year-old event forever
- Dating back millennia to Ancient Greece, the first modern games were in Athens in 1896 – but perhaps no sports event has proved as controversial as Tokyo 2020
- With 85 per cent of locals ‘concerned’ about staging the spectacle amid surging Covid-19 cases, might the ‘world’s first luxury brand’ end up damaged forever?
The Olympic Games is the greatest sporting event in the world, with millions ordinarily flocking into stadiums and billions tuning in from every corner of the Earth. Every four years the summer (and winter) games act to define the future of the host cities, with billions of dollars invested in infrastructure and the entire world taking notes. In the realm of international sports, there is nothing bigger, more extreme, more admired ... or more desired. And this makes the Olympics similar to a luxury brand.
But as this year’s Olympics are about to start, Japan is facing surging Covid-19 rates that mean the games will be held without spectators. But the show must go on.
In the months leading up to the delayed Olympic Games Tokyo 2020 (like Euro 2020, still bearing the name of its original planned year), the sentiment in Japan shifted, with many asking to delay or cancel the games altogether. In the end, and with October elections getting closer, the decision was made to hold the games no matter what. One of the most critical aspects of financing the games are selling the TV rights all over the world, and those at least won’t be affected by empty stadiums.