11 December 2020 - NW3091
Faber, Mr WF to ask the Minister of Sport, Arts and Culture
(1). With reference to his reply to question 2223 on 30 October 2020, what are the detailsof all (a) income and (b) expenditure of the 2010 FIFA Soccer World Cup and (c) assets of the legacy trust, including but not limited to (i) buses, (ii) laptops and/or c0+omputers, (iii) generators and (iv) speed fencing; (2). what is the cash bank balance of the 2010 Soccer World Cup Legacy Trust Fund? NW3921E
The South African Football Association in its response indicated the following;
1. a) and b) That the revenue for the operation of the 2010 FIFA World Cup was in a form of a grant from FIFA where all expenditure and accounts were approved by FIFA. In addition, the 2010 FIFA World Cup LOC closed in 2011 having accounted to the funder and owners of the tournament, FIFA.
c) i) ii) iii) and iv) That the 2010 FIFA World Cup Legacy Trust has no assets.
2. That the 2010 FIFA World Cup Legacy Trust is a Trust established by FIFA. The Trustees include FIFA's CFO; Head of Development and Head of Sustainability. The Trust accounts to the Trustees therefore will revert after presenting its financial report to the trustees