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SBD Global/September 25, 2013/Finance

Spain's Superior Sports Council Increases Allocation For Athletic Federations By $8M

Spain's Superior Sports Council (CSD) will increase the money available to Spain's national sports federations by €5M ($6.7M) in '14, according to the EFE. The "sum designated for the federations" will be €36.8M ($50M) and this amount, which will be included in the CSD's budget, "marks a 20% increase from last year," when €30.7M was made available. The CSD's 2013 budget was €75.2M ($101.4M), down from €121M in '12 (EFE, 9/24).  
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