Tokyo’s organizing committee denied that the emblem design was plagiarized but the final decision of the 2020 Olympic Games staff was to replace the incriminated logo. A competition was started to make another as soon as possible and in open competition. Tokyo was announced as the host city at the 125th IOC Session in Buenos Aires, Argentina, on 7 September 2013, when Tokyo, Istanbul and Madrid were the three candidate cities. The Tokyo metropolitan government 400 billion Japanese yen (over $3 billion USD) to cover the cost of hosting the Games.
