FIFA enter centennial year on sound financial footing


ZURICH: FIFA has entered its centennial year of 2004 on a solid financial footing after recording a profit of 141mil Swiss francs (US$111.1mil) last year, world football's governing body said yesterday. 

FIFA president Sepp Blatter said he was delighted the organisation had recorded such healthy results in the first year of its 2003-2006 World Cup cycle and vowed to maintain the body's financial transparency. 

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