Soccer

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
NEXT ON SPORT24X

 

Read News24’s Comments Policy

24.com 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
20 comments
Add your comment
Comment 0 characters remaining
Live Video Streaming
Video Highlights
Sport Talk

 
 
Featured Blog

Dave ask if you would like to meet your local sports heroes and stand the chance to win prizes to the value of over R40 000.

Latest blogs
Vote

Was Lionel Messi a deserving recipient of the Golden Ball (Player of the Tournament)?

Twitter Follow Sport24 on Twitter

Newsletters Sign up for the Morning Glory, Super 15 and Soccer newsletters

Blogs Yes your opinion counts. Get it out there

WIN Enter and win with Sport24!

Mobile Sport24 on your mobile phone - WAP, alerts, downloads, services

BlackBerry Stay in the loop on your BlackBerry

iPhone Latest Sport24 news on your iPhone

Facebook "Like" Sport24's Facebook page

TV schedule Plan your couch time with our searchable sport TV guide

RSS Feeds Sport news delivered really simply.

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