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14 Jun, 2014

FIFA covers operational costs

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FIFA says it has covered the entire $2 billion operational costs of the 2014 World Cup by selling television and marketing rights, and says the tournament’s operations will not incur further costs for Brazilian taxpayers. It says Brazil has invested 25.8 billion reais (6.92 billion pounds) in stadiums, airports, urban transport and other infrastructure improvements with one third being spent on new or renovated stadiums in 12 host cities. It says Brazil could have opted for eight or 10 stadiums rather than 12, but says infrastructure investment will benefit the country beyond the tournament.

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