Olympics sponsors in limbo as year-end contract expiration looms - sources


FILE PHOTO: Women look at the giant Olympic rings, which are being temporarily removed for maintenance, amid the coronavirus disease (COVID-19) outbreak, at the waterfront area at Odaiba Marine Park in Tokyo, Japan August 6, 2020. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO (Reuters) - Tokyo 2020 Olympics organisers have not extended sponsors' contracts set to expire at the end of the year, sources said, leaving some questioning whether to continue after COVID-19 forced a delay of the world's largest sporting event.

Postponing the Games for a year has created additional costs for sponsors, including fees to extend contracts, and some wonder whether it's worth doing so, three of the sources said, declining to be identified because the information is not public.

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