Cost of 2014 Commonwealth Games rises by 81 million pounds
November 17th, 2009 - 12:15 pm ICT by ANI
- 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)
Related Stories
- Why 53-nation Commonwealth will see 71 teams at Pune Games - Oct 10, 2008
- CWYG will give us our future sporting stars: Maxwell - Oct 13, 2008
- Scotland seeks better collaboration with India in higher education - Oct 12, 2009
- Minister raises issue of UK bar on Pakistanis visiting Scotland - Aug 17, 2009
- First swine flu death in Europe reported - Jun 15, 2009
- Indians seek admission to Scottish universities - Jun 05, 2009
- Gerard Butler desperate to remain true to his Scottish roots - Nov 08, 2009
- 2014 CW Games may increase prostitution, child trafficking in Glasgow - Apr 18, 2008
- UK Border Agency turns down visa applications of leading Pak figures - Aug 12, 2009
- India doubles Commonwealth Games budget (Second Lead) - Nov 05, 2009
- Sports
Posted in Sports, |