BFA to receive US$800,000 from FIFA

* Windfall for African countries
The Botswana Football Association (BFA) will reap rich spin-offs from South Africa's successful hosting of the 2010 World Cup after FIFA announced that each African country will receive US$800, 000 (approximately P5.2million) for football development.

FIFA secretary general, Jerome Valcke announced in Johannesburg, South Africa, on Monday that member associates in Africa will each pocket US$800, 000 from what has been hailed as the best soccer World Cup ever.
"The figures don't lie and from what we have seen, this World Cup was a huge success from all fronts," Valcke told the media in South Africa on Monday.

"A short while ago, we unveiled a good financial report that was the reflection of organising this event. The 2010 FIFA World Cup has been a good one for FIFA; it was not the financial failure that some people claimed it would be. We have already indicated that all the member associates will receive bonuses, this means that all the money that is made from the World Cup will go to football."

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

Have a Story? Send Us a tip
arrow up