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Russia cuts World Cup budget again

Russia cuts World Cup budget again
Posted at 11:02 AM, Feb 25, 2016
and last updated 2016-02-25 11:02:05-05

MOSCOW (AP) — Russia has reduced the budget for the 2018 World Cup by almost $80 million, less than five months after the sports minister ruled out further spending cuts.

The latest cuts, announced in a government document Thursday, come at a time of cuts to public spending across the board as the low oil price starves the government of revenue.

Thursday's changes bring total spending down to 620.9 billion rubles ($8.15 billion), apparently part-funded by removing the international broadcast center in Moscow from the plans.

The World Cup organizing committee did not respond to a request for clarification on how this would affect broadcasts.

Also cut was a planned renovation of a football academy which produced Russia midfielder Alan Dzagoev. It had been due to serve as a World Cup training ground.