Thursday 12 June 2014

Brazil 2014 World Cup costs a whooping N2.72 trillion


THE 2014 World Cup in Brazil will gulp a total of $16 billion (N2.72 trillion) making it the most expensive World Cup ever.  Even the last two World Cups in South Africa and Germany did not guzzle that much.
Brazilian government will spend the money on stadiums, transport, network, security and infrastructural development.  The country is investing in these areas to reduce criminality and poverty.  The high cost of hosting this mundial is probably the cause of protest back home against the spending of this huge money.

In 2010, South Africa spent $4 billion (N680 billion) on the World Cup.  In 2006, Germany spent $6 billion (N1,02 trillion).  Korea/Japan spent $5 billion (N850 billion) in hosting the 2002 edition, the total money spent on the 1998 edition by France was $340 million (N57.8 billion) while USA spent $30 million (N5.1 billion) on the 1994 edition.

THE CASH PRIZE TAG

EVERY team around the world does all within their capacity to be part of the global soccer fiesta not only because it boosts the credentials of their players, there are cash rewards for each participating team from FIFA.

The winners of the 2014 World Cup will get $35 million (N5.95 billion), whereas in 2010 it was $31 million (N5.27 billion).  The runner-up will claim $25 million (N4.25 billion), while the team that wins the third place will pocket $22 million (N3.74 billion) and the fourth place country will smile home with $20 million (N3.4 billion).

Each country that makes it to the knock out stage will receive $8 million (N1.35 billion).  The total amount of money available for participating countries and clubs will be $576 million (N97.92 billion).

NIGERIAN REFEREES ABSENT AGAIN AT THE WORLD CUP

NO Nigerian referee was included in the list of referees to officiate matches at the 2014 World Cup in Brazil.  25 names were picked from six continents and the only African names on that list came from Ivory Coast, Gambia and Algeria.

SUPER EAGLES MATCH SCHEDULES

IRAN vs NIGERIA        
June 16, 2014
8 p.m

NIGERIA vs BOSNIA
June 21, 2014
10 p.m

NIGERIA vs ARGENTINA         
June 25, 2014
5 p.m

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