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Johannesburg - The 2010 FIFA World Cup would test South Africa's "fiscal muscle", but the country would not run out of money, the chief executive of the local organising committee said on Wednesday.
"We will never run out of money... the project remains within budget," Danny Jordaan told a 2010 National Communications Partnership Conference in Johannesburg.
He said much work had already been completed. Nine hosts cities had been confirmed, stadium contracts had been signed, legislations had been finalised and 95% of the broadcast rights had been sold.
Jordaan said the mascot had been chosen, but still needed a sex and a name.
The preliminary draw was scheduled for November 25.
With a nod to his detractors, Jordaan pointed out that the highest number of countries ever had entered for the event.
"If it's not going to happen, why would 204 countries want to participate and win one of the 32 places?"
Ben Egbuna, president of the African Union of Broadcasters, said critics were looking forward to a "flawed and mediocre" organisation of the tournament.
"Unfortunately, many commentators still regard Africa as one big country where all forms of crime are the rule."
He said more effort was needed to surpass the standards set by previous hosts of the World Cup.
Inter-African flights in particular had to be improved.
-Sapa