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

Mokotjo makes Bafana XI

2015-10-13 07:19


Read News24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.
Live Video Streaming
  • Blitz
    Mon, 24 Nov 2014 @00:00
  • SS1
    Mon, 24 Nov 2014 @01:00
  • SS2
    Mon, 24 Nov 2014 @02:00
  • SS3
    Mon, 24 Nov 2014 @03:00
Video Highlights
Sport Talk
Most Read


Rugby World Cup 2015

All the action from the 2015 RWC, including live coverage of all 48 matches, breaking news, fixtures, results, logs - and much more!


Rugby World Cup 2015

No '07 France ghosts - Foster
Boks not underestimating Wales scrum
Boks play repeat knockout at RWC
O'Connell out of World Cup - Laporte
/World Cup
Love 2 Meet

Take a photographical trip down memory lane and remind yourself of how the Springboks fared in their five previous Rugby World Cup campaigns. In addition, pick your all-time Springbok Rugby World Cup Dream Team and you could win R3 000!

Latest blogs

Who was the best summer signing in the EPL?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

iPhone Latest Sport24 news on your iPhone

RSS Feeds Sport news delivered really simply.

There are new stories on the homepage. Click here to see them.