Spanish Armada Philip expressing grave doubts about the planned campaign, but this was prevented from reaching the King by courtiers on the grounds that God would ensure the Armada's success. Prior to the undertaking, Pope Sixtus V allowed Philip II of Spain to collect crusade taxes and granted his men indulgences. The blessing of the Armada's banner on 25 April 1588, was similar to the ceremony used prior to the Battle of Lepanto in 1571. On 28 May 1588, the Armada set sail from Lisbon and headed for the English Channel. The fleet was composed of 130 ships, 8,000 sailors and 18,000
3rd Spanish Armada severe losses in ships (including a few galleons known as the Apostles), men, supplies and money. The cost was ruinous; the two ships carrying the pay-chests disappeared below the waves. The Spanish King not to be disheartened ordered another invasion despite the Cortes Generales claiming funds would not be available in time. As a result, the Cortes was asked to be dissolved by Philip and a financial crisis loomed. The Cadiz defeat, the failure of the Armada as well as the war in France and the Netherlands that year meant that Philip's nation went into bankruptcy; the third of his