Japan's economy is also expected to take a hit as foreign sports fans abandon their trips to Tokyo and the postponement deals a blow to consumer confidence. Meanwhile, TV networks who paid millions for Olympic broadcast rights will face a two-week gap in their schedules and a drop in advertising revenue, although they say they are insured. Organisers have not yet committed themselves, saying merely that refunds are not ruled out. The terms and conditions say that unforeseeable circumstances - including a 'public health emergency' - would allow organisers to rip up the rule-book. Some spectators say they may not be able to attend a rearranged Olympics in 2021 and fear they will not be eligible for a refund. Millions of tickets have already been sold for the two-week showpiece, raising at least $800million (£680million) before the coronavirus outbreak began. Olympic ticket holders are facing an anxious wait to discover if they will get a refund after Tokyo 2020 organisers finally gave in and postponed the Games.
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