On GymCastic #419 Spencer said he predicts the 2020 Olympics will be cancelled if the announced dates in 2021 are not possible.

That rings true to me.

The additional cost of the current postponement is  billion$. 

I doubt those paying the extra would be willing to do it yet again.

“I don’t think anyone would be able to say if it is going to be possible to get it under control by next July or not,” Tokyo organizing committee CEO Toshiro Muto said, speaking through an interpreter at a news conference conducted remotely.

”We’re certainly are not in a position to give you a clear answer.”