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read moreLooking at areas to cut the costs of hosting future Games, the International Olympic Committee (IOC) is looking at including the "level of service" in Olympic villages.
Speaking before a regular project review meeting in Japan this week, IOC Vice President John Coates said the IOC had contacted 28 major national Olympic committees (NOCs) for their feedback on cost reductions by the end of this month.
As reported by Reuters, Coates stated “we are putting a number of questions to those national Olympic committees as to how we think we can find savings by reducing, to an acceptable level, the level of service in the Olympic village.”
Tokyo organisers have been working to slash costs for the 2020 Olympics after a study last year warned expenses could balloon to four times the initial estimate made during the bid process.
The IOC is keen for Tokyo to cut costs further and set a good example to attract future candidate cities, rather than scare them off with stories of out-of-control spending.
Coates said the IOC would share the responses of the National Olympic Committees with its athletes commission, advising "NOCs might receive some financial compensation to give up some beds, they might receive some compensation in return for more transferable accreditations for their support staff, those things.
"We have to be satisfied that there's no impact on the services for the athletes.”
He concluded that recommendations would be presented at the IOC's executive board meeting in December.
The IOC last month awarded Paris the 2024 Summer Olympics and Los Angeles the 2028 Games, the first time it has awarded two Olympics at the same time.
That decision came following the withdrawal of four of the six cities bidding for the 2024 Olympics, amid concerns about the size, cost and complexity of organising the world's biggest multi-sports event.
While much of the Rio 2016 Olympic village remains empty, Olympic village development are frequently re-used as residential accommodation after Games, revitalising the areas in which they are located.
Image shows Tokyo's planned Olympic village site.
29th August 2017 - PETER CONDE APPOINTED NEW AIS DIRECTOR
19th June 2017 - JAPAN LOOKS TO FUTURE SPORT INDUSTRY GROWTH
6th May 2017 - JOHN COATES WINS VOTE TO RETAIN AUSTRALIAN OLYMPIC COMMITTEE PRESIDENCY
29th April 2017 - TOKYO 2020 AND RUGBY WORLD CUP 2019 ORGANISERS JOIN FORCES
5th April 2017 - TOKYO OLYMPICS GOLF COURSE AGREES TO AMEND MEMBERSHIP POLICY
26th October 2016 - REVIEW GROUP ‘SATISFIED’ WITH JAPAN’S RUGBY WORLD CUP 2019 PREPARATIONS
2nd October 2016 - TOKYO OLYMPIC STADIUM BUILDING CONTRACT FINALLY APPROVED
23rd September 2016 - IOC PRESIDENT PROCLAIMS ‘TIME OF ASIA’ AS SPORTS MINISTERS SIGN DECLARATION IN PYEONGCHANG
4th August 2016 - NEW SPORTS CONFIRMED FOR THE 2020 TOKYO OLYMPIC GAMES
25th May 2016 - JAPAN’S NEW 45 TEAM BASKETBALL LEAGUE SET FOR OCTOBER START
29th January 2016 - TOKYO 2020 PUBLISHES EARLY PLANS FOR ‘SUSTAINABLE, MINIMAL IMPACT’ OLYMPICS
14th December 2015 - JAPAN SPORTS COUNCIL REVEALS NEW TOKYO OLYMPIC STADIUM DESIGNS
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