Sepp Blatter: 2010 World Cup A Stunning Financial Success For South Africa & FIFA

Blatter hails financially successful World Cup in South Africa...

By Max De Luca

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FIFA president Sepp Blatter announced today that the 2010 World Cup in South Africa was a stunning financial success.

The first World Cup ever to take place on African soil was a cash cow for FIFA, pushing their revenues above $4 billion.

"I am the happiest man to announce that the World Cup in South Africa was a huge financial success for everybody, for Africa, for South Africa and for FIFA," he said, according to AFP.

"For the first time in FIFA's four-year accounts we are over $4bn."

A huge chunk of the revenue, $3.65bn, was earned in relation to the World Cup last summer.

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