The Olympic men's football tournament is restricted to under-23 players.
Thomas Bach, president of the International Olympic Committee (IOC), has confirmed that all sponsors for the Tokyo 2020 Olympic Games will retain their rights for the event, which has now been postponed until 2021.
Bach said in a conference call on Wednesday morning that a call would take place with the 33 worldwide sports federations on Thursday to discuss the matter.
He said that they are facing the daunting task of reworking the preparations of the last seven years in about six months, and snap decisions are required. "These Games are called the Olympic Games Tokyo 2020 therefore for me it is a logical outcome that sponsors of the Olympic Games Tokyo 2020 keep their rights if these Games are organised in 2021".
The IOC's decision marks the first time the Olympics have been postponed, although they were canceled outright on three occasions during World War I and World War II. That leaves the door open for the Games to be held earlier in the year, if necessary.
The IOC and Japanese government succumbed to intense pressure from athletes and sporting bodies around the world on Tuesday, agreeing to push back the Games by as much as a year because of the coronavirus pandemic.
"Now that the decisions have been made, let's take this positively, reset our mindset", he said.
The U.S. Olympic and Paralympic Committee had also endorsed a delay to the start of the Games, citing in a statement Monday "the enormous disruptions to the training environment, doping controls and qualification process".