Safa needs R400m to host Afcon
SOUTH African Football Association says it will cost R400-million to host the Africa Cup of Nations next year, Local Organising Committe chief executive Mvuzo Mbebe revealed the figure in Parliament yesterday.
Among the costs would be R20-million to accommodate VIPs from CAF under whose auspices the tournament is organised, and R25-million to market the event. Mbebe said it could cost Safa R300-million and the host cities - Johannesburg, Port Elizabeth, Durban, Rustenburg and Nelspruit - R90 million.
"We expect that this is going to cost (us) R300-million, and it will cost the host cities another R90-million. So we are talking of a budget of close to R400-million to really run this," Mbebe said.
He said Safa had asked for R52-million from the government, but did not say where the rest of the money would come from.
Safa president Kirsten Nematandani told the committee that $65-million of the $100-million the association received from the 2010 World Cup had been invested.
About $35-million had been spent on building Safa's head office, buying vehicles and then coach Carlos Alberto Parreira's salary.
Mbebe and Nematandani were part of a Safa delegation that briefed MPs on the cost of the 2013 Afcon tournament, which South Africa inherited from strife-torn Libya.
They presented Safa's progress report on the implementation of its development plan to the portfolio committee on sports and recreation.
"We recognise that time and resources are limited, and obviously we are going to be begging and knocking on all doors to ask for support."
He said the organising committee also hoped to raise money from ticket sales and to share 25% of the revenue with the host cities. To make a profit, he said, it needed to sell at least 500000 tickets.
On the $100-million, Nematandani said: "Remember, we had to get a foreign coach, and that did not come cheap."
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DJWinner
South Africa has Trillions, what is R400 million?Report Abuse
Tasto
There goes the SWC2010 Legacy money from FIFA to SAFA, they have been looking for an excuse to abuse this money damn mafia !!Report Abuse
Xovizwe
Use those bonuses you gave yourselves after the 2010 WC to fund Afcon. Anyway, nothing you happen to do proper Safa people. It might be a curse..?!Report Abuse
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