ZURICH: World football body FIFA on Friday said they were confident that the global credit crunch would not hit the 2010 or 2014 World Cups, revealing football’s world body had concluded a US$650mil insurance package to cover the events.
“To ensure the 2010 (South African) and 2014 (Brazilian) World Cups are a success €” were natural disasters or other acts to occur €” we have insured” the events, FIFA President Sepp Blatter said at an executive committee meeting in Zurich.
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