Significant Expenditure on External Consultants at the Spanish Riding School

The Spanish Riding School, renowned for its Lipizzaner horses, has reported a substantial financial burden stemming from the use of external consultancy services. Despite attracting over 300,000 visitors annually, the state-run institution has struggled with ongoing losses.

In recent years, the institution has allocated nearly one million euros to various external consulting endeavors. These expenditures have encompassed a wide range of services, including social media initiatives, employee surveys, and internal audits, all of which were sourced externally due to a lack of available in-house resources.

The decision to engage outside consultants has sparked discussions regarding the financial management and operational strategies employed by the Spanish Riding School. Stakeholders are increasingly questioning the effectiveness of such investments, particularly in light of the institution's financial challenges.

As the situation unfolds, it remains to be seen how the Spanish Riding School will adjust its strategies to ensure sustainability and continue its legacy of excellence in equestrian performance.