Hungarian Government Allocates 7.2 Billion HUF to Ferencváros via Secret Decision
A secret government decision by Hungary's Fidesz-led administration in 2024 allocated 11.45 billion HUF for sports development under the LA 10 program, aimed at securing ten gold medals at the 2028 Los Angeles Olympics. Reports indicate that Ferencváros (Fradi), a prominent sports club, received a disproportionate 7.2 billion HUF of this total. This amount is approximately eight to ten times higher than the subsidies granted to other major clubs such as Honvéd (900 million HUF), Újpest (880 million HUF), BVSC (850 million HUF), Vasas (820 million HUF), and MTK (800 million HUF). The Central Sports and Youth Association (KSI) received the lowest amount at 440 million HUF. Sources suggest the government intended to primarily fund Ferencváros but included other clubs to maintain appearances. This allocation has drawn criticism due to the significant disparity in funding, especially given that Ferencváros competitors did not win medals at the Paris Olympics. The decision highlights concerns regarding transparency and equitable distribution of state funds in Hungarian sports.
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