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)
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)
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