(1)(a). The South African Sports Confederation and Olympic Committee indicated that subsequent to the postponement of the Games, funds were only spent on PR and Media in relation to the Marketing of the Games e.g. 100 days to Olympic Games. The amount spent is R349, 351, 17.
Funding amounting to $60.000 has also been provided to participating National Federations that have a potential to qualify for the Games and these funds were an allocation from ANOCA in relation to athlete’s preparation. It must be noted that the procured sponsorship such as Mr Price Sport has taken care of some costs within the projected budget such as Team SA Clothing and others as SASCOC continue to procure more sponsorships. Noting measures put in place by the IOC/ IPC, Tokyo 2020 and the Japan Government towards ensuring safe Games, SASCOC has an obligation to appoint a Covid-19 Liaison Officer in the lead up to the games as per the guidelines from the Playbook. Costs have been spent in this regard.
(b). SASCOC further indicated that there has been no impact on the operational budget of the organization. However, from a games delivery perspective, particularly for Tokyo, the budget is different as follows:-
(2). SASCOC indicated that the organization follows the directive from the IOC and IPC. The IOC and IPC are not considering a cancelation nor have they addressed contingencies for a cancellation. The Games are going ahead, albeit managed and staged differently in light of Covid-19.
(a)(b). should the games be cancelled there would be no loses as no payments have as yet been made towards the team delivery to the games. It will be a huge loss for all the sponsors and mainly the clothing ones as they commenced with design and producing clothing for Team South Africa