The budget for sports is increased by almost 20%

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A new record amount of €375 million will be allocated to the CSD “with the aim of making progress in modernizing the sports ecosystem and revolutionizing Olympic and Paralympic preparation”

The budget for sports will increase by almost 20% in 2023 compared to this year and will be “the largest” allocated by a government, according to José Manuel Franco, secretary of state and chairman of the Higher Sports Council (CSD). an organization to which a record amount of 375 million euros is contributed. With the regular budget (235 million) and the European resources from the Recovery, Transformation and Resilience Plan (140 million), the support for next year guarantees that the 1,000 million investment in sports will be exceeded during the legislature. From 2019 to 2023, there are 1,149 million budgets for sports.

“We have said it and we have delivered: this is the government of sport,” said José Manuel Franco, referring to “the combination of unprecedented budgets and the most ambitious legislative agenda since Barcelona’92”. “The goal is to make progress in modernizing the sports ecosystem and revolutionize Olympic and Paralympic preparation,” added the CSD’s top leader.

The regular item, which will be increased by 27 million euros, focuses on the professionalization of women’s football at the Ministries of Culture and Sport, in the ‘Team Spain’ programs and on the modernization of the High Performance Centers (CAR). The item of the recovery funds, which is growing by 30%, spends 55.2 million on digitization, 69 million on ecological transition and 16 million on the Social Plan.

Ordinary subsidies to sports associations amount to EUR 57.8 million in 2023, two million more than in this year’s budget, when the results-oriented aid included in the multi-year budgets are included in this chapter. The improvements in the CARs total 27 million, while the Equality, Women and Inclusion programs total 26 million. The Spanish Olympic Committee (COE) will receive an allocation of 875,000 euros and the Paralympic Committee (CPE) with 400,000 euros, to maintain the level of 2019 and 2020, the last non-Olympic or Paralympic years.

Source: La Verdad

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