Comment on Paralympics rule out going to IOC to solve cash-flow problem

Paralympics rule out going to IOC to solve cash-flow problem

TOKYO (AP) — The International Paralympic Committee has a “cash flow” problem, but its president has ruled out going to the International Olympic Committee for help. President Andrew Parsons says he is trying to cut 5% from the budget, which was listed at 24.1 million euros ($26.1 million) in the IPC's 2018 annual report. The cash shortfall stems from the Tokyo Olympic and Paralympic postponement until 2021 because of the coronavirus pandemic. “At the moment we are not discussing that with them (IOC)," Parsons said in a teleconference with selected media.Read more on NewsOK.com

 

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