Share

FIFA has $1.2bn in reserves

Khartoum - FIFA President Sepp Blatter says it has reserves of $1.2 billion (€875 million) thanks to the 2010 Soccer World Cup in South Africa.

Blatter tells African football leaders that the financial results were better than the 2006 World Cup hosted by Germany.

He said more details of its success will be published next week in FIFA's annual report.

FIFA began the World Cup year with reserves of $1.06 billion (then €780 million).

FIFA said that money could sustain it for 18 months if a World Cup was canceled.

Blatter opened the Confederation of African Football assembly saying the continent should be proud of organising the World Cup which helped Africa find more pride and confidence.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Voting Booth
How much would you be prepared to pay for a ticket to watch the Springboks play against the All Blacks at Ellis Park or Cape Town Stadium this year?
Please select an option Oops! Something went wrong, please try again later.
Results
R0 - R200
33% - 1804 votes
R200 - R500
32% - 1767 votes
R500 - R800
19% - 1067 votes
R800 - R1500
8% - 451 votes
R1500 - R2500
3% - 184 votes
I'd pay anything! It's the Boks v All Blacks!
4% - 248 votes
Vote
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE