Cost of 2014 Games rises to £454m

Press Releasein Industry News

The budget for the 2014 Commonwealth Games in Glasgow is to be increased by £81m, it has been announced.

The organising committee for the games said funding for the event would rise to a total of £454m.

The bulk of the extra cash will come from the Scottish government. The city council will provide an additional £9m.

Council leader Steven Purcell said he was "disappointed" by the increase but accepted it had been caused by "changing circumstances".

The Scottish government will contribute an additional £39m, plus a further £20m from a reserve fund.

A total of £13m will be raised through commercial activities.

see the following link for the rest of the article:-BBC News

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