The event had to pushed to 2021 because of COVID-19.
The International Olympic Committee thinks it will cost them around 730-million euro to cover their share of moving Tokyo 2020.
The Games are now scheduled to take place next year because of the coronavirus pandemic.
Meanwhile the International Olympic Committee are to deliver 740 million euro to help support next year's Tokyo Olympics.
600 million will be diverted towards Japanese organisers to help the resurrection of the postponed event, with the remainder of the money to assist International Sports Federations and National Olympic Committees.
The 2021 Olympics are due to begin on July 23rd of next year.
Laois Soccer Club Marks 60th Anniversary with 12 Hour Football Marathon
Wicklow The First Opponents For Laois In Tailteann Cup
Irish Rail To Provide Extra Services For Leinster Football Final
First Win In Tailteann Cup The Aim For Offaly
Athlone Town Welcome Treaty United To Lissywollen
Leinster SHC: Offaly Set For Big Test At Home To The Cats
Westmeath And Laois To Fight For Leinster Glory
Aoife Dalton To Start For Ireland's Six Nations Clash With Wales
Ronan Deegan Aiming To Maintain Perfect Professional Record In MMA
All Island Cup The Focus For Athlone Town Women This Weekend
Casey O'Gorman Looking For Statement Weekend In Moto3
CCFL: FAI Cup Semi-Final Heartache For Tullamore U17s
Portlaoise To Host Stage One Start Of 2026 Rás Tailteann
Stephen Duff Relieved Of His Duties As Laois Ladies Football Manager
Heavy Defeats For Offaly And Westmeath In Minor Football Championship
Laois And Offaly Suffer Defeats In Leinster U20 Hurling Championship
Leinster Semi-Final Place On The Line For Midlands Side's
Alex Dunne Forced Out Of Miami F2 Race Following Crash
Athlone Continue Unbeaten Run In First Division
Westmeath Ladies Book Leinster Final Spot