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* SOUTH Africa will spend up to US$810 million on infrastructure for the 2010 World Cup, the country's National Treasury announced on Wednesday.
Presenting the government's 2006 budget, Finance Minister Trevor
Manuel said about US$486m of this would be set aside over the next
three fiscal years.
"Details of project allocations have not yet been allocated, but
we will spend up to US$810m in dedicated infrastructure for the
World Cup," Manuel said.
South Africa has secured the rights to host the 2010 showpiece
and plans to use a maximum of 10 stadiums - five of which will be
constructed, with the remainder being refurbished.
"I understand that both the national football side and the
cricket team have volunteered to do unpaid clearing of building
rubble," joked Manuel.
The 2010 World Cup will be the first finals to ever be staged in
Africa.
* REAL Madrid have leapfrogged Manchester United to become the
world's richest football club in terms of income, according to a
report.
After eight years at the top of the Deloitte Football Money
League, United were pushed into second place based on revenues from
the 2004-5 season.
Real Madrid's income has doubled in the past five years, as
players such as David Beckham have boosted shirt sales.
Nine British clubs made it into the list of the world's richest
20 teams.
Liverpool moved up to eighth in the table after their Champions
League victory gave a major boost to their income.
- BBC
"Details of project allocations have not yet been allocated, but we
will spend up to US$810m in dedicated infrastructure for the World
Cup," Manuel said.South Africa has secured the rights to host the
2010 showpiece and plans to use a maximum of 10 stadiums - five of
which will be constructed, with the remainder being refurbished."I
understand that both the national football side and the cricket
team have volunteered to do unpaid clearing of building rubble,"
joked Manuel.The 2010 World Cup will be the first finals to ever be
staged in Africa. * REAL Madrid have leapfrogged Manchester United
to become the world's richest football club in terms of income,
according to a report.After eight years at the top of the Deloitte
Football Money League, United were pushed into second place based
on revenues from the 2004-5 season.Real Madrid's income has doubled
in the past five years, as players such as David Beckham have
boosted shirt sales.Nine British clubs made it into the list of the
world's richest 20 teams.Liverpool moved up to eighth in the table
after their Champions League victory gave a major boost to their
income.- BBC
