The Moscow City Government intends to spend 7.661 billion rubles in the preparation and organization of events related to the Confederations Cup 2017 and the 2018 World Cup. This is stated in a document published on the website of the Moscow City Duma. In total, the Moscow authorities are planning to spend on sports 45,660,000,000 rubles. Of these, 42.46 billion rubles will be spent on training the sports reserve and development of high performance sport (here just include the cost of the Confederations Cup - in 2017 and 2018), and another 3.2 billion will be spent on development of physical culture and sports activities. More information about the document "On the budget of the city of Moscow for 2017 and the planning period of 2018 and 2019 years" can be found here: http://duma.mos.ru/ru/40/regulation_projects/10293.
07:44 19.10.2016 (upd. 01:05 20.10.2016 ) Moscow authorities will spend more than 7.6 billion to prepare for the World Cup 2018