SA spent R27bn on 2010 World Cup

2012-11-23 15:13

South Africa spent just over R27 billion on the 2010 World Cup, the first world football showpiece in Africa.

In its final report on the historic tournament, released nearly two and a half years after the event, South Africa’s government said today it spent $1.1 billion (R9.8 billion) alone on building and upgrading stadiums.

Transport was the biggest cost, with $1.3 billion dedicated to upgrading road, rail and air links.

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.

While it is still difficult to calculate how much the country earned, South Africa’s government said there was an “intangible legacy” left from the world’s biggest football tournament.

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