Spanish Olympic medalist Tokyo economic wages revealed - How much money a Spanish Olympic medalist earns: this is the economic prize that athletes who succeed in the Tokyo Olympics will receive.

Olympic medalists often arouse admiration. These athletes have managed to reach the highest level and succeed in their discipline, obtaining a prize to which very few aspire.

In a few days many of them will be crowned at the Olympic Games in Tokyo. This edition had to have been held during the summer of 2020, however, the coronavirus pandemic forced it to be postponed until 2021.

Spanish Olympic medalist Tokyo economic wages revealed

The health crisis will mark these Olympic Games. There will be no public in the stands and the recent increase in contagion in Tokyo is causing some athletes to be unable to participate.

Despite this, athletes will continue to be the main protagonists of the Olympic Games, especially those who manage to obtain a medal. In addition, in many cases getting gold, silver or bronze is not only a definitive boost to their careers, but also translates into an important economic prize.

Spanish Olympic medalist Tokyo economic wages revealed

More than one fan wonders how much money an Olympic medalist earns, since it is information that is usually in the background after the enormous sporting success. The truth is that this question does not have a single answer, because the economic amount that the athlete receives depends on the country he represents and other factors, such as whether he competes in a team or individual sport.

Here's how much money an Olympic medalist earns.

According to Forbes, the Spanish Olympic medallists have received the same amount of money since the 2008 edition, held in Beijing.

As for the individual disciplines, a Spanish athlete who gets the gold is pocketed 94,000 euros, those who reach the silver medal are 48,000 euros, while bronze is offset by 30,000 euros.

Couple sports don't get the same amount. Gold is awarded with 75,000 euros, silver with 37,000 euros and bronze with 25,000 euros for each member.

In collective sports the prizes are 50,000, 29,000 and 18,000 euros for each member.

Spanish Olympic medalist Tokyo economic wages revealed

It should also be clarified that Spanish Olympic athletes have access to the ADO plan scholarships, which grant a maximum sustenance of 60,000 euros for at least 2 years for those who get one.

All these amounts are established by the Spanish Olympic Committee together with the Superior Sports Council.

The Olympic medalists who earn the most money are those from Singapore. This country compensates the gold medal with 668.00 euros.

There are also countries that are below Spain in these amounts. This is the case of the United States, Canada, Germany and Austria, which distribute between 13,000 and 22,000 euros for a gold, according to La Vanguardia.

Finally, as exposed from Bankinter, the British, Norwegian, Croatian and Swedish athletes do not get any extra for having climbed the podium.

Spanish Olympic medalist Tokyo economic wages revealed

More news:

El Corte Inglés approves its strategic plan for the next 5 years with which it aims to boost its growth and financial strength

The General Meeting of Shareholders of El Corte Inglés, held today 23 July in Madrid, has given the green light to all the proposals presented by the Board of Directors.

These include the approval of the management report, the 2020 annual accounts, the Non-Financial Report and the proposed application of results.

In addition, the implementation of the Strategic Plan 2021-2026 has also been approved, with which the company intends to boost its growth and ensure its financial strength.

” El Corte Inglés is in full evolution and transformation of our businesses, which will allow us to approach the future with modernity; obtain new sources of income, and achieve greater business solidity, " says Marta Álvarez, president of El Corte Inglés.

The objective of the Strategic Plan that has just been approved is to double the result with an Ebitda of 1,700 million euros, reduce debt by 60% and multiply online sales to represent 30% of the Group's turnover.

It must be remembered that El Corte Inglés has suffered the coronavirus pandemic very hard, registering historical losses of 3,000 million euros and seeing its income reduced by 31% to 10,500 million euros, so the Strategic Plan is especially important in this context of crisis.

” The future of El Corte Inglés is based on the construction of a business ecosystem supported by a single retail activity, which pursues four benefits: maximizing value and profitability for the Group, improving competitiveness in retail, creating synergies between the different businesses of the Group and reducing risks, " explains Víctor del Pozo, CEO of the company.

In addition, Marta Álvarez also ensures that El Corte Inglés is already "in full recovery", and that, subtracting the effect of tourism,"the first quarter of 2021 will close with figures very close to those of 2019".

Finally, the president has advanced the launch of a new El Corte Inglés Shopping Card that will arrive next autumn from the hand of MasterCard and that will allow its universal use anywhere in the world,