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World Sailing Expects Similar Dividend to Rio 2016 from Tokyo 2020 Olympics

19th October 2021
Flags with World Sailing logo
Credit: World Sailing

Inside the Games has reported that World Sailing’s deficit for 2020 was lower than expected — and that it expects a similar dividend from the 2020 Olympic Games in Tokyo to what it received five years ago from Rio 2016.

Sailing’s world governing body says the “successful delivery” of Tokyo 2020 this summer after a year’s delay enforced by the COVID-19 pandemic had “alleviated the critical financial risks associated with the cancellation of the Games”.

The body’s accounts also included confirmation of an arrangements to borrow $3.1 million (€2.7 million) from the IOC, repayable without interest over five years from this December.

Inside the Games has much more on the story HERE.

MacDara Conroy

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MacDara Conroy

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MacDara Conroy is a contributor covering all things on the water, from boating and wildlife to science and business

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World Sailing Information

World Sailing is the world governing body for the sport of sailing, officially recognised by the International Olympic Committee (IOC) and the International Paralympic Committee (IPC).

Founded in 1907, World Sailing's vision is for a world in which millions more people fall in love with sailing; inspired by the unique relationship between sport, technology and the forces of nature; we all work to protect the waters of the world.

World Sailing is made up of 144 Member National Authorities, the national governing bodies for sailing around the world and 117 World Sailing Class Associations.

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