Tuesday, December 28, 2010

Cost of hosting the 2022 World Cup ... $78.4M?

Series of Gaffes Ends Soccer’s Big Year

It began as a celebrative year for Sepp Blatter, the president of FIFA, soccer’s world governing body. He took the World Cup to Africa for the first time, although many were sure that South Africa would fail as the host. As it turned out, Blatter, 74, was right. The stadiums were full, the South Africans were welcoming hosts and capable organizers, and fears of violence were unfounded.

The problem with the end of Blatter’s year, though, is that FIFA has never adapted to the standards of transparency that govern many international entities. Based in Zurich, it is an insular body unregulated by any outside organization. And since his election in 1998, Blatter and other top FIFA officials have faced repeated charges of mismanagement and corruption. ...

See the complete article here, courtesy of  the NYT.

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