Cost of 2014 Commonwealth Games rises by 81 million pounds
November 17th, 2009 - 12:15 pm ICT by ANI ( Leave a comment )Glasgow (Scotland), Nov. 17 (ANI): The budget for the 2014 Commonwealth Games in Glasgow is to be increased by 81 million pounds.
The organising committee for the games said funding for the event would rise to a total of 454 million pounds.
The bulk of the extra cash will come from the Scottish government. The city council will provide an additional nine million pounds.
The Scottish government will contribute an additional 39 million pounds, plus a further 20 million pounds from a reserve fund.
A total of 13 million pounds will be raised through commercial activities.
Glasgow 2014 Limited, said a number of factors including legislative changes, and in particular rising broadcasting costs, had contributed to the budget increase.
The Scottish government will continue to make the case for the recovery of 150 million pounds lottery funds diverted from Scotland to pay for the London Olympics. (ANI)
- Scottish Government publishes its 'India Plan' - Mar 29, 2010
- 13,500 troops to be deployed for London Olympics - Dec 16, 2011
- Delhi's success will prove challenge to emulate: Scottish minister (Interview) - Oct 15, 2010
- Games baton passed to Glasgow - Oct 15, 2010
- Scotland to be promoted as a film location to Bollywood - Mar 27, 2010
- Scottish performers face security glitch at CWG closing - Oct 14, 2010
- We want to maximise benefits from Olympic Games: Cameron - Jan 10, 2012
- Increase in 2012 Olympics budget is investment for London's future: Coe - Dec 12, 2011
- BBC yet to commit to 2010 Commonwealth Games - Jan 11, 2010
- Britain defends doubling of Olympic ceremony budget - Jan 25, 2012
- All top athletes will be present at Glasgow CWG: Scott - Oct 16, 2010
- Australia to send its biggest contingent for CWG - Dec 31, 2009
- Simon Cowell supports lottery game - Oct 04, 2011
- Murrays' mom disappointed at non-inclusion of tennis for 2014 CW Games - Sep 27, 2010
- Scot Commonwealth Games chief predicts inevitable serious mishap during Delhi CWG - Oct 04, 2010
Tags: 2014 commonwealth games, budget increase, extra cash, glasgow scotland, legislative changes, london olympics, lottery funds, olympics, organising committee, scottish government
