World Cup to leave Brazil 100 million USD in developing soccer

A 100 million U.S. dollars World Cup Legacy Fund will help 2014 hosts Brazil better develop soccer as the sport's world governing body FIFA announced its plan on Tuesday.

FIFA presented the sustainability report of the 2014 FIFA World Cup based on international standards and the details of the 100 million U.S. dollars Football Legacy Project.

To keep the long-term impact of World Cup in terms of football, FIFA established the 2014 FIFA World Cup Legacy Fund.

"FIFA is committed to ensuring that the FIFA World Cup leaves a tangible legacy in the host country," said FIFA Secretary General Jerome Valcke in the press conference held at the Arena Corinthians in Sao Paulo.

According to the initial budget, an investment of 60 million U.S. dollars has been approved for infrastructure projects with a special focus on the 15 states that were not home to the host cities, 15 million U.S. dollars for youth football development, 15 million U.S. dollars for women's football, four million U.S. dollars for medical prevention and public health awareness, four million U.S. dollars for social and community awareness projects and two million U.S. dollars for administrative and logistical costs.

FIFA will be in charge of funding, monitoring and control of the Legacy Fund, while the Brazilian Football Association (CBF) will carry out the project proposals and implementation tasks.

"We are convinced that the World Cup Legacy Fund will be an excellent platform to spread the benefits of the 2014 edition. Several key principles will guide us: the project will be implemented in close collaboration with the CBF, we will share and communicate the results in a transparent manner and the use of the funds will be controlled and audited in accordance with the relevant FIFA development regulations," said Valcke.

The sustainability report also pointed out that all carbon emissions under the operational control of FIFA and Local Organizing Committee offset, and 445 tonnes of waste recycled in stadiums in collaboration with FIFA Partner Coca-Cola and local cooperatives.