Compared to Rio 2016, Coni has increased premiums by 20%. Italy is the fifth nation in the world to pay its Olympic champions the most
Genoa – For the first time since four Olympics, ie since 2004, Coni has increased the prizes for Italian athletes who win a medal by 20% gross in Tokyo 2020. An economic recognition that had been made official shortly before the Japanese Olympics by Giovanni Malagò, President of the Italian National Olympic Committee, as “an act due to the athletes who have made so many sacrifices this year”.
How much are the blue medals worth: from 60 thousand to 180 thousand euros
The Italian prizes for gold medals have thus increased from 150 thousand euros to 180 thousand euros, those for silver from 75 thousand euros to 90 thousand euros and those for bronze from 50 thousand euros to 60 thousand euros. With these figures, Italy is the sports federation that pays the most in Europe in prizes for Olympic medalists. According to the Coni regulations, cash prizes are also distributed to individual players or team members who have been deployed in at least one match or match during the Olympics. The medal record for Italy is related to the Sydney 2000 Olympics with 34 medals (13 of which gold).
The highest paid medals in the world: Italy fifth
According to dollar chart published by Forbes, Italy is the seventh country to best pay its Olympic prizes with a consideration of 214 thousand dollars for each gold. In sixth place there is Malaysia which pays 237 thousand dollars for a gold, 71 thousand dollars for a silver and 24 thousand dollars for a bronze. Fifth is Kazakhstan (250 thousand dollars for gold, 150 thousand dollars for silver and 75 thousand euros for bronze), fourth is Bangladesh with 300 thousand dollars for gold, 150 thousand dollars for silver and 100 thousand dollars for bronze, third Indonesia with 346 thousand dollars for gold, according to Taiwan with 716 thousand dollars for gold and first Singapore with a record prize of 738 thousand dollars for gold winners.
Euro 2020, footballers were paid more than gold medals
Despite the increase in medal prizes, the Olympic champions remain “less rich” than their football colleagues. Bonucci, Chiellini and companions, heroes of Euro 2020, have in fact earned 250 thousand euros each for the recent victory at Wembley, a prize previously agreed with the Football Federation which is not paid by the Coni but totally by the FIGC coffers with a tax rate on the gross of 42%.
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