11 Updates
Spanish sport survives budget cutbacks
Photo Credit: , Getty Images

Spanish sport survives budget cutbacks

Oct 1 2013, 3:20am CDT | by IANS

Madrid, Oct 1 (IANS) The announcement of the 2014 budget may have brought bad news for many Spaniards, among them the country's pensioners whose pensions for the coming year will increase by well below the rate of inflation, but there was a glimmer of optimism for the country's sporting institutions which have seen their budget increase.

Madrid, Oct 1 — The announcement of the 2014 budget may have brought bad news for many Spaniards, among them the country's pensioners whose pensions for the coming year will increase by well below...

Filed under: news

YouTube Videos

 
 
 

1 year ago

Spanish sport survives budget cutbacks

Oct 1 2013, 3:20am CDT | by IANS

Madrid, Oct 1 (IANS) The announcement of the 2014 budget may have brought bad news for many Spaniards, among them the country's pensioners whose pensions for the coming year will increase by well below the rate of inflation, but there was a glimmer of optimism for the country's sporting institutions which have seen their budget increase.

Madrid, Oct 1 — The announcement of the 2014 budget may have brought bad news for many Spaniards, among them the country's pensioners whose pensions for the coming year will increase by well below the rate of inflation, but there was a glimmer of optimism for the country's sporting institutions which have seen their budget increase.

The failure of the Madrid bid for the 2020 Olympic Games was expected to lead to further cutbacks in public funding for sports, which can be seen as non-essential in times of economic crisis, reports Xinhua.

However, the 2014 budget announced by Treasury Minister Cristobal Montoro Monday actually saw the budget for Spain's Superior Sports Council (CSD) raised to 80.1 million euros for the coming year.

That is a 6.65 percent increase on the 2013 budget, which had suffered a serious readjustment in relation to the money spent on sport in Spain in 2012.

The year 2013 saw the CSD exist on a budget of 75.15 million euros, while in 2012 the budget was 121 million, along with a further 83 million raised through betting tax and the 'quinella' (Spanish football pools).

Meanwhile, 2014 will also see Spain's sporting federations receive subsidies of 36.8 million euros, which is six million more than this year. This will be a help, although it will not see them equal the spending power of 2012 when subsidies reached a level of 47 million euros.

The decision means that although many of Spain's minority sports are still going to suffer hard times in 2014, they will perhaps not face the cataclysmic situation many had feared after Madrid failed in the Olympic Games bid.

However, as the Secretary of State for Sport, Miguel Cardinel said at the start of the month, it is important that many of Spain's sports reduce their spending in line with their income and many sports such as handball and the country's ACB basketball league are going to have to live more in line with the number of spectators they can attract to their arenas every weekend.

IANS

Source: IANS

 
Update
11

3 weeks ago

Volvo Ocean Race

Nov 5 2014 4:45am CST | Source: thehubsa

Is anybody else following the race? The boats are expected in Cape Town within the next couple of hours. Closest race that I've seen from them - just 3.5 miles separating the two front boats after racing for 25 days from Alicante!   ...
Source: thehubsa   Full article at: thehubsa
 

 
Update
10

3 weeks ago

Lucas Leiva celebrates making his 250th appearance for Liverpool after defeat to Real Madrid

Nov 4 2014 4:52pm CST | Source: 101 great goals

Hoje completei meu jogo 250 pelo Liverpool, uma caminhada longa de muitos altos e baixos e tendo que escutar muita bobagem mas creio que foi um grande jogo para completar este número jogando contra o melhor time do mundo. Obrigado toda minha família e as pessoas que sempre torcem por mim. Today I played my 250th game for LIverpool, it was a long journey with a lot up and downs and I had to listen ...
Source: 101 great goals   Full article at: 101 great goals
 

 
Update
9

3 weeks ago

Second-string Liverpool side salvage pride but still lose at Real Madrid [Best Tweets]

Nov 4 2014 3:43pm CST | Source: 101 great goals

Liverpool fans probably expected the worst when they saw the side that Brendan Rodgers chose to play against Real Madrid at the Bernabeu tonight.But they need not have worried too much. Okay, the result was entirely expected but the performance was surprisingly encouraging.Heck, had Rodgers decided to go for it then he may have come away from Spain with something. But instead, for all their resista ...
Source: 101 great goals   Full article at: 101 great goals
 

 
Update
8

3 weeks ago

Sergio Aguero is on a par with Lionel Messi, says Manchester City team-mate Yaya Toure

Nov 4 2014 11:09am CST | Source: Mirror Football

The City talisman played with the Barca star during his stint in Spain and struggled to pick between the pair when ask ...
Source: Mirror Football   Full article at: Mirror Football
 

 
Update
7

3 weeks ago

Keeper Iker Casillas Not Looking To Quit Real Madrid Or Spain Anytime Soon

Nov 4 2014 9:08am CST | Source: CaughtOffside

Veteran shot stopper not looking to relieve himself of custodial duties just yet. Iconic Spanish goalkeeper Iker Casillas has endured a tough few years for both club and country. After being dropped for Diego Lopez in 2013 he has had to watch in frustration as his club side compete in La Liga from the bench as well as seeing his national team spot come under pressure after some ropey performances at the World Cup. SEE MORE: Live Real Madrid vs. Liverpool Streaming And Champions Le ...
Source: CaughtOffside   Full article at: CaughtOffside
 

 
Update
5

3 weeks ago

Lionel Messi turns to Argentina physio over injury worries

Nov 4 2014 7:14am CST | Source: SBNation

According to reports in Spain, Barcelona's playmaking genius is concerned about his fitness, and has been looking outside the club for assistance. Barcelona's Lionel Messi, whose fitness has been the cause of concern for some time, has been undergoing extra physiotherapy work with the Argentina national team doctor, according to reports in Spain. Television station La Sexta claims that Marcelo D'Andrea, who enjoys a close relationsh ...
Source: SBNation   Full article at: SBNation
 

 
Update
4

3 weeks ago

Real Madrid Keeper Iker Casillas Hopes to Swap Shirts with Mario Balotelli

Nov 4 2014 4:05am CST | Source: Bleacher Report

Mario Balotelli got all kinds of criticism when he swapped shirts with Pepe at half-time of Liverpool's Champions League defeat to Real Madrid two weeks ago.  But hey, it is clearly a jersey that is in demand within the confines of the Real Madrid dressing room.  The Daily Mail interviewed Real Madrid's Iker Casillas ahead of the return match on Tuesday night, and the goalkeeper admitted he has his eye on Balotelli's shirt. This time, though, there will be one ke ...
Source: Bleacher Report  Full article at: Bleacher Report
 

 
Update
3

3 weeks ago

FC Tokyo reportedly eyeing Barcelonas Xavi

Nov 4 2014 2:31am CST | Source: football

FC Tokyo are eyeing an ambitious swoop on Barcelona and Spain great Xavi Hernandez joining a list of suitors thought to include Manche ...
Source: football   Full article at: football
 

 
Update
2

3 weeks ago

Spanish Paper Talk: Cristiano Ronaldo Has An Objective To Equal Raul’s Record

Nov 4 2014 2:17am CST | Source: CaughtOffside

The Magnificent '7' as another Los Blancos legend looks to make Champions League history... All the latest headlines from the newspapers in Spain as Cristiano Ronaldo is just one goal behind Raul's Champions League record of 71 ahead of tonight's game against Liverpool.  Image courtesy of Marca. - The Magnificent ‘7’. - Cristiano can today equal Raul’s 71 goals in the Champions League. He is one goal away from the Los Blancos legend and one step from making h ...
Source: CaughtOffside   Full article at: CaughtOffside
 

 
Update
1

3 weeks ago

David Moyes wants Phil Neville as his number two if he takes Real Sociedad job

Nov 3 2014 4:30pm CST | Source: Mirror Football

The former Manchester United boss has been offered the top job with the Basque side and wants to take his former assistant to Spain, shou ...
Source: Mirror Football   Full article at: Mirror Football
 

 
 

blog comments powered by Disqus

Latest stories

Sindhu, Prannoy in Macau Open quarters
Macau, Nov 27 (IANS) Two-time World Championships bronze medallist P.V. Sindhu and male shuttler H.S. Prannoy entered the quarter-finals in the singles competitions of the Macau Open Grand Prix Gold at the Tap Seac Multisport Pavilion here Thursday.
 
 
Fact file: Phillip Joel Hughes
Sydney, No Nov 27 (IANS) Australian batsman Phillip Hughes, renowned as an aggressive batsman, was on the verge of reigniting his Test career before he was fatally hit on the head while batting in the Sheffield Shield.
 
 
Cricketing world shocked at Hughes' death (Roundup)
Sydney, Nov 27 (IANS) The cricket world was left stunned Thursday as Australian batsman Phillip Hughes, who was struck on the head by a cricket ball, died in a hospital here.
 
 
Saina, Srikanth seeded 5th, 6th for Super Series Finals
Kuala Lumpur, Nov 27 (IANS) Olympic bronze medallist Saina Nehwal and leading Indian male shuttler Kidambi Srikanth were seeded fifth and sixth, respectively, Thursday for the $1,000,000 World Super Series Finals Dec 17-21.
 
 
 

Latest from the Network

Modi, Sharif bonhomie gives fresh boost to Saarc (Intro Roundup)
Kathmandu, Nov 27 (IANS) In a final ice-breaking moment that gave a huge boost to Saarc and floundering regional cooperation, Indian Prime Minister Narendra Modi shook hands with his Pakistani counterpart Nawaz Sharif...
Read more on Politics Balla
 
Uneasy calm returns to Ferguson as protests continue nationwide (Roundup)
Washington, Nov 27 (IANS) An uneasy calm returned to Ferguson Thursday after two nights of unrest over a grand jury's decision not to indict a white police officer in the shooting death of an unarmed black teenager in...
Read more on Politics Balla
 
Ricky Martin's twins love touring
Ricky Martin says his twins love going on tour with him. The 'Adrenalina' singer has five-year-old boys Matteo and Valentino and whenever he can he takes them on the road with him because he misses them if he's apart...
Read more on Celebrity Balla
 
Taylor Swift: Mistakes are good for you
Taylor Swift says some of her ''biggest mistakes'' have been her ''best lessons'' in life. The 24-year-old musician insists she always takes the positive from every situation and even though she has had to deal with...
Read more on Celebrity Balla
 
Jessica Alba's dad cooks 'hot n' spicy' turkey
Jessica Alba's dad cooks a ''hot n' spicy'' turkey at Thanksgiving. The 33-year-old actress celebrated the holiday early this year as she's currently filming 'Mechanic: Resurrection' in Thailand and she's revealed her...
Read more on Celebrity Balla
 
Lewis Hamilton and Nicole Scherzinger are too 'young' for babies
Lewis Hamilton and Nicole Scherzinger are too ''young'' to have children. The 2014 Formula 1 champion isn't ready to settle down and start a family with the 36-year-old singer because they are both too busy. Speaking...
Read more on Celebrity Balla
 
How Koirala broke the impasse between India, Pakistan
Kathmandu, Nov 27 (IANS) Nepal Prime Minister Sushil Koirala played a crucial role in ending the impasse between India and Pakistan during the retreat at Dhulikhel near here Thursday on the sidelines of the 18th Saarc...
Read more on Politics Balla
 
Sindhu, Prannoy in Macau Open quarters
Macau, Nov 27 (IANS) Two-time World Championships bronze medallist P.V. Sindhu and male shuttler H.S. Prannoy entered the quarter-finals in the singles competitions of the Macau Open Grand Prix Gold at the Tap Seac...
Read more on Sport Balla
 
British PM faces heat over failure to cut immigration
London, Nov 27 (IANS) With net annual migration soaring to more than a quarter of a million, British Prime Minister David Cameron's promise to reduce the figures has been questioned. Official figures Thursday showed...
Read more on Politics Balla
 
Fact file: Phillip Joel Hughes
Sydney, No Nov 27 (IANS) Australian batsman Phillip Hughes, renowned as an aggressive batsman, was on the verge of reigniting his Test career before he was fatally hit on the head while batting in the Sheffield Shield...
Read more on Sport Balla