FILE PHOTO: Soccer Football - Brazilian team announced for friendly matches - CBF headquarters, Rio de Janeiro, Brazil - September 20, 2019 General view outside of the Brazilian Football Confederation REUTERS/Sergio Moraes/File Photo
(Reuters) - Brazil has withdrawn its candidacy to host the 2023 Women’s World Cup, with the Brazilian Football Confederation (CBF) saying the government did not consider it wise to offer financial guarantees in the midst of the COVID-19 pandemic.
"Because of the fiscal and economic austerity brought on by the COVID-19 pandemic, (the government) thought it would not be recommended to right now sign the guarantees asked for by FIFA," the CBF said in a statement on Monday.
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