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.
Third Time The Charm As Laois Claim Joe McDonagh Cup
Offaly Pupils Become Local Stars After Publishing Bestselling Book
Katie Taylor To Fight At Croke Park In September
Laois And Westmeath Set For Big Tests In Intermediate Camogie Championship
I Knew I Had To Play A Good Round To Win - Ella Cantwell
Mullingar Athletic And Clonaslee United To Clash In Combined Counties Cup Final
Shane Lowry And Rory McIlroy In Contention At Memorial Tournament
There's Serious Competition In The Laois Panel - Mark Dowling
Westmeath Ladies Look To Book All-Ireland Quarter-Final Spot
Alex Dunne Aiming For Big Weekend In Monaco
Offaly Camogie Captain Looking Forward To Kilkenny Clash
Shane Lowry In Action At Memorial Tournament
Laois Aiming To Make It Third Time Lucky In Joe McDonagh Cup Decider
Galway To Host Westmeath On Sunday June 14th
Second Round Draw Made For FAI Cup
Cian Reddy Keeps Up Unbeaten Professional Record
Westmeath Ladies Get Opening Win In All-Ireland Intermediate Championship
Athlone Town Knocked Out Of All-Island Cup
Limerick See Off Offaly In Senior Camogie Championship
Athlone Town Suffer Defeat Away To UCD In First Division