I will be using this thread to keep you numpties updated with progress since most there are idiots on here who believe we are not capable of hosting the World Cup in 2010....
First article of interest, let's talk MONEY!
Six firms on board for 2010 sponsorship
July 12 2006 at 04:38PM
By Carol Hills
Pretoria - Six major South African businesses will officially back the 2010 Soccer World Cup in South Africa, the local organising committee announced in Pretoria on Wednesday.
First National Bank has already announced that it will sponsor the soccer extravaganza to the tune of R213-million.
A second company was expected to announce its sponsorship on Thursday, committee chief executive officer Danny Jordaan revealed after a meeting between President Thabo Mbeki and Business Unity SA (Busa) at the Union Buildings.
The construction of stadiums had to be tackled as had transport
He would not disclose the name of the company ahead of its announcement.
Jordaan said the value of the companies' sponsorships would not be the same, with different distributions of cash and in-kind components.
He said Fifa's sponsorship programme consisted of five tiers, the highest being for six global corporations including Coca-Cola, Adidas and Visa. The next tier was for 2010 World Cup sponsors including major multinationals such as McDonalds and Budweiser.
The third tier was for national support and would consist of only South African companies. Small enterprises and the second economy would have an opportunity to participate in the fourth and fifth tiers which concerned licensed products including caps, T-shirts and memorabilia.
"This World Cup must be a World Cup for all of our people," he said.
In Germany, about R21,27-million of the total budget went into the stadiums, but more than R56,72-million went into the fan parks, where people with concessions generated almost ten times the profit of those in the stadiums," said Jordaan.
There were constraints inside the stadiums because of the exclusivity Fifa had to guarantee its major sponsors.
Jordaan said the fundamental argument behind not granting Africa the contest in the past 100 years was that it would not generate the same returns for Fifa as Europe.
One of the reasons it was placed behind Germany in 2000 was the idea that sufficient revenue would be generated in Germany "to protect Fifa against possible losses in South Africa".
However, Fifa had already succeeded in meeting its R21,27-billion budget for 2007 to 2010, incorporating the 2010 World Cup - the highest revenue in the 100-year period, he said.
It had about R21,78-billion in the kitty so far, mainly from major global corporate sponsors and broadcasting deals - and that with broadcasting deals yet to be concluded in Asia, Africa and South America.
Fifa's budget for 2003 to 2007, incorporating the 2006 World Cup, was R12,76-billion.
The issue behind a negative perception of South Africa's ability to hold the event was the "unreasonable" comparison of Germany in 2006 with South Africa in 2006, when it should more appropriately be compared with Germany 2002, he said.
"Do we have challenges? Of course we do," he acknowledged.
The construction of stadiums had to be tackled as had transport.
Jordaan pointed out that even when it came to transport, comparisons had to take into account the huge challenges which had existed in countries like the United States, where enormous distances and time zones had to be covered between stadiums, and the Koreas, where there had been different monetary systems and visa requirements with which to contend.
He had been working with Fifa on South Africa's challenges since 1994, said Jordaan, adding: "... We will deal with all of those challenges.
"Fundamentally, we are still determined to deliver an African World Cup that will be world class. There is no contradiction between being African and being world class," he said.
Also present at Wednesday's Busa working group meeting were Deputy President Phumzile Mlambo-Ngcuka, Minister in the Presidency Essop Pahad, Trade and Industry Minister Mandisi Mpahlwa, Busa president Patrice Motsepe and its chairman Bobby Godsell.
Other issues addressed were progress on achieving unity in the business sector; Busa activities, particularly its support of small, medium and micro enterprises; broad-based black economic empowerment; the Doha trade negotiations and crime. - Sapa
Source: http://www.iol.co.za/index.php?set_id=6&click_id=19&art_id=qw1152712805619S163
In other words WC2010 will see FIFA sponsors providing an astonishing $3billion for WC2010 to be a success. Our government has also put it's full weight behind 2010 so funding on their part will not be a problem...
First article of interest, let's talk MONEY!
Six firms on board for 2010 sponsorship
July 12 2006 at 04:38PM
By Carol Hills
Pretoria - Six major South African businesses will officially back the 2010 Soccer World Cup in South Africa, the local organising committee announced in Pretoria on Wednesday.
First National Bank has already announced that it will sponsor the soccer extravaganza to the tune of R213-million.
A second company was expected to announce its sponsorship on Thursday, committee chief executive officer Danny Jordaan revealed after a meeting between President Thabo Mbeki and Business Unity SA (Busa) at the Union Buildings.
The construction of stadiums had to be tackled as had transport
He would not disclose the name of the company ahead of its announcement.
Jordaan said the value of the companies' sponsorships would not be the same, with different distributions of cash and in-kind components.
He said Fifa's sponsorship programme consisted of five tiers, the highest being for six global corporations including Coca-Cola, Adidas and Visa. The next tier was for 2010 World Cup sponsors including major multinationals such as McDonalds and Budweiser.
The third tier was for national support and would consist of only South African companies. Small enterprises and the second economy would have an opportunity to participate in the fourth and fifth tiers which concerned licensed products including caps, T-shirts and memorabilia.
"This World Cup must be a World Cup for all of our people," he said.
In Germany, about R21,27-million of the total budget went into the stadiums, but more than R56,72-million went into the fan parks, where people with concessions generated almost ten times the profit of those in the stadiums," said Jordaan.
There were constraints inside the stadiums because of the exclusivity Fifa had to guarantee its major sponsors.
Jordaan said the fundamental argument behind not granting Africa the contest in the past 100 years was that it would not generate the same returns for Fifa as Europe.
One of the reasons it was placed behind Germany in 2000 was the idea that sufficient revenue would be generated in Germany "to protect Fifa against possible losses in South Africa".
However, Fifa had already succeeded in meeting its R21,27-billion budget for 2007 to 2010, incorporating the 2010 World Cup - the highest revenue in the 100-year period, he said.
It had about R21,78-billion in the kitty so far, mainly from major global corporate sponsors and broadcasting deals - and that with broadcasting deals yet to be concluded in Asia, Africa and South America.
Fifa's budget for 2003 to 2007, incorporating the 2006 World Cup, was R12,76-billion.
The issue behind a negative perception of South Africa's ability to hold the event was the "unreasonable" comparison of Germany in 2006 with South Africa in 2006, when it should more appropriately be compared with Germany 2002, he said.
"Do we have challenges? Of course we do," he acknowledged.
The construction of stadiums had to be tackled as had transport.
Jordaan pointed out that even when it came to transport, comparisons had to take into account the huge challenges which had existed in countries like the United States, where enormous distances and time zones had to be covered between stadiums, and the Koreas, where there had been different monetary systems and visa requirements with which to contend.
He had been working with Fifa on South Africa's challenges since 1994, said Jordaan, adding: "... We will deal with all of those challenges.
"Fundamentally, we are still determined to deliver an African World Cup that will be world class. There is no contradiction between being African and being world class," he said.
Also present at Wednesday's Busa working group meeting were Deputy President Phumzile Mlambo-Ngcuka, Minister in the Presidency Essop Pahad, Trade and Industry Minister Mandisi Mpahlwa, Busa president Patrice Motsepe and its chairman Bobby Godsell.
Other issues addressed were progress on achieving unity in the business sector; Busa activities, particularly its support of small, medium and micro enterprises; broad-based black economic empowerment; the Doha trade negotiations and crime. - Sapa
Source: http://www.iol.co.za/index.php?set_id=6&click_id=19&art_id=qw1152712805619S163
In other words WC2010 will see FIFA sponsors providing an astonishing $3billion for WC2010 to be a success. Our government has also put it's full weight behind 2010 so funding on their part will not be a problem...
