Johannesburg - South Africa spent more than 27
billion rand ($3 billion) on the 2010 World Cup, and in return gained an
"intangible legacy" from the first world football showpiece in Africa,
the country's government said Friday in its final report on the
In the "2010 FIFA World Cup Country Report," released
nearly 2 ½ years after the event, South Africa's government said it
spent $1.1 billion on building and upgrading stadiums alone.
was the biggest cost, with $1.3 billion dedicated to improving road,
rail and air links and a further $392 million on the country's main
ports of entry.
In the absence yet of any final definitive figures
on how much South Africa earned in total from being the host, the
report said the World Cup had left an intangible legacy of pride and
unity among South Africans and had changed the country's image as
undeveloped, crime-ridden and dangerous in the eyes of the rest of the
"To top it all, we didn't have lions roaming the streets
and we did have ATMs," the report, published by the ministry of sport,
It did predict a $6 billion boost to South
Africa's economy as a result of the monthlong World Cup, according to a
study by risk analysis and finance company Grant Thornton, but that was a
mid to long-term projection.
FIFA reported it made a $631 million
profit from the 2007-10 World Cup cycle and earned income of $3.65
billion from 2010 World Cup contracts. FIFA said it spent $1.298 billion
on the World Cup in South Africa and also gave $100 million to the
World Cup Legacy Trust, a fund that supports grassroots football
"The World Cup in South Africa was a huge, huge
financial success for Africa, for South Africa and for FIFA," FIFA
president Sepp Blatter said in 2011 as the world body published its own
While critics have said that such a huge outlay
on a 30-day sports event was impractical for South Africa — and the
final word on whether it was an economic success was still pending — the
government could argue that it had already earned over $400 million
from the more than 300,000 tourists that visited for the World Cup.
The upgrade to much of South Africa's transport infrastructure was a long-term investment, the government said.
expensive World Cup stadiums are still underused, however, and some are
losing money. The Cape Town Stadium — reportedly the most expensive of
the seven new venues at $600 million — is in the most trouble.
report will also serve as a reference guide and benchmark for planning
other major sporting events," South Africa's government said in a
statement to introduce the publication, which featured the 2010 World
Cup logo and was embossed with shiny gold letters.
South Africa has said it is considering a bid to host the 2024 Summer Olympics, the biggest of all sporting events.