Tournament News

FIFA keep SAFA guessing

2010-07-21 10:38

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Kirsten Nematandani (Gallo)

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Johannesburg - SAFA's top brass says they are still in the dark as to how much money they will receive from FIFA for staging the Soccer World Cup.

Several recent reports claimed that the local footballing body would pocket R1bn, yet SAFA vice-president Mandla Mazibuko insists a figure has yet to be determined.

"The issue of a billion is neither here nor there. At this point in time we don't know what is there [to be given to SAFA]," he was reported as saying by the Cape Times during a meeting with the National Assembley's sport and recreation committees on Tuesday.

Mazibuko added that any money they received would be used for development.

SAFA president Kirsten Nematandani was also present and assured MPs that the "money was in safe hands".

"The key issue is how this financial legacy will be used. A trust will be formed...[and] will be managed by people with high credentials.

"If it is a billion, it should grow to R2bn," he said.

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