Jordaan reveals SWC revenues

2011-06-01 10:53
Danny Jordaan (File)
Cape Town - In an interview with the 2oceansvibe website, the CEO of South Africa’s 2010 Soccer World Cup Organising Committee, Danny Jordaan, revealed that the financial statements support the tournament’s perceived success.

Jordaan confirmed, “In today’s (Wednesday's) forthcoming AGM, the Operations Report and Financial Report will confirm that the SA World Cup shows a total revenue of $4.2 billion.”

While South Africa definitely scored from the world’s biggest sporting event, the FIFA coffers are looking pretty tidy as well, as Jordaan went on to reveal unprecedented reserves.

“FIFA reserves now show an amount of $1 billion. This is a position that FIFA has never been in before,” said Jordaan, who is also a member of FIFA’s Marketing Board.

Jordaan went on to say that there was a lot of work to be done on the African continent and wants to see what contribution he could make to African football.

The man who delivered South Africa the most successful World Cup ever, dodged questions about his candidacy for the top job and, when pressed as to whether or not he would ever put his name forward.

“That may be a question for the future, but right now I am focused on African football!” Jordaan said.

Read more on:    swc

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