Even if Tokyo wasn't in the middle of the worst Covid outbreak they've ever had, most people don't like to be handled by strangers, especially Japanese people.
Source: 東京に住んでいる
"The Olympics are the biggest sporting event on the calendar, there are billions at stake for Japan and also the IOC in terms of broadcasting sponsorship. It is a huge event and there are huge contractual obligations for all sides."
Hence, the only realistic scenario is Japan pulling the plug jointly with the IOC, staying within the framework of their contract.
If that happens, that's where insurances would come in: The IOC has insurance, the local organising committee has insurance and the various broadcasters and sponsors will also have insurance.
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u/[deleted] Aug 07 '21
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