SA cashes in on World Cup

2010-09-23 17:38

Johannesburg - The 2010 FIFA World Cup boosted the South African economy by R93bn, Local Organising Committee CEO Danny Jordaan said on Thursday.

He announced this after the meeting of the 2010 board of directors in Sandton on Thursday.

At the press briefing after the meeting, FIFA secretary general Jerome Valcke praised the event staged in South Africa between June 11 and July 11 this year.

"South Africa has set the bench mark for future World Cups. This was rated as the best World Cup ever. It was a fantastic success and Brazil who host the 2014 know they will have a lot of work to do to match South Africa.

"But we have time to help Brazil host an as good if not better event," Valcke said.

  • Global - 2010-09-23 18:03

    I would like to see this income and outcome statement. How many business had to close, lost in productivity, now the legacy of the stadiums that will cost SA more in the future.

  • MjP - 2010-09-23 18:32

    How did he do the calculation? Just sucking air while not sucking on wacky tabacky?

  • pb - 2010-09-23 18:35

    This is just so very lekker. Whooopeee!! We are all swimming in money are we not? But now give the public a detailed list of the individuals who benefitted most (I guess the first thousand will be a good enough start) and then tell us how these allegedly earned billions will be ploughed into relieving the public/ taxpayers/ ratepayer debts that were left behind after the SWC. So far i haven't come across one single person who tells me they did financially well out of the SWC, but then i probably don't mix with the favoured few. So come on investigative journalists let's have the full detailed and audited story.

  • harry - 2010-09-23 18:46

    and we see this money where?

  • jorene - 2010-09-23 18:56

    Okay, so we have all this money. Zuma called for the nation to behave themselves when the world cup was on. We did, so please build us decent houses and get rid of the shacks.

  • jimmy - 2010-09-23 19:40

    Agree with Sir Alex Ferguson: "The matches were rubbish". This was certainly not the best world cup ever. No ways were the games better than Mexico "86. More tripe and spin from officials. The days whereby the public swallows anything coming out of some officials mouth are fast drawing to a close!

  • James Minnet - 2010-09-23 19:43

    Dear Danny - The fact that you pocketed 21 million while the ordinary South African still sees no benefit was bad enough. But now to make these outrageous claims - well thats just rubbing salt in the wound my friend....

  • david - 2010-09-23 19:47

    I am in Debt over this world cup, I wonder if I contributed to the R93 billion

  • Freedon Fighter - 2010-09-23 19:49

    And the poor black masses that voted for the ANC received ???? Is Danny Jordaan is an ecomist besides all his conciderable marketing skills? Sies Danny.

  • True Realist - 2010-09-23 20:17

    It would be interesting to know how this was measured. Or is it just 'politician speak'? Easy to make bland statements like this without substance - How can a newspaper print this without confirming its accuracy?

  • Clever Automatic - 2010-09-23 20:26

    My own (accurate) calculations show that in the long term - South Africa has actually lost R143bn through staging the WC. All the hidden costs have just been ignored. That excludes the cost of demolishing white elephant structures, which is going to come.

  • Jason - 2010-09-23 22:12

    Thank goodnes for people like Danny Jordaan who had a vision unlike most of the naysayers without any independant thought who unfortunately frequent this website

  • A N Other - 2010-09-23 22:27

    R93Bn Income - that's so good to know, especially that I've been "defrauded" by the Local Organisers of 4 Tickets booked 9 months in advance, and have been waiting for last 4 months for a measly REFUND..All this due to some "glitches" in the System, which didn't get the same publicity, obviously FIFA not even knowing about such thousands of cases...

  • Positive - 2010-09-24 08:35

    I think the soccer world cup was a fantastic event for south africa. The amount of future tourism that this event has created will be worth millions! Its time people stop being so negative about south arica. Bring south arica the olympics!

  • Kelly - 2010-09-24 08:52

    Quite feasible.300,000 visitors each spending R310,000.00????

  • Freddy - 2010-09-24 09:25

    We all will see not a single cent.

  • Cheated - 2010-09-25 23:23

    I am also waiting for my refund. Now we know how FIFA make their money. It's a disgrace. Look what you get for being law abiding and handing your tickets in for reselling, instead of selling them by yourself on the black market???

  • Ramantswana mashudu - 2010-09-26 14:34

    Da best part about da world cup was obviously da fact dat we advertised our country 2 da world n virtually all of them were surprised 2 c how advanced we are as an african country; n according 2 da polls, da majority of tourists wuld cum bck for a holiday.

  • Ramantswana mashudu - 2010-09-26 14:37

    Da best part about da world cup was obviously da fact dat we advertised our country 2 da world n virtually all of them were surprised 2 c how advanced we are as an african country; n according 2 da polls, da majority of tourists wuld cum bck for a holiday.

  • gfm - 2010-10-05 12:38

    That may be a "top line" figure, they do not say how it was calculated - but what is the bottom line figure? Lost man-days; disruption of schooling; lost production; cost of maintenance of stadia; etc etc??? who will claculate that? Who pays that is an even bigger question?? C'mon Danny/ FIFA stop fooling us with huge numbers without giving a basis and the associated costs and longer term effects of that revenue

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