  FIFA grants Russia $699 mln for 2018 World Cup April 5, 2012 - 10:41 AMT PanARMENIAN.Net - FIFA has granted Russia a budget of $699 million to host the 2018 World Cup, a similar amount to that received by South Africa for the 2010 tournament, sports minister Vitaly Mutko said Wednesday, April 4. “The sum paid to the Russian organizing committee will cover all the operational costs of staging the tournament, such as travel expenses, media facilities, stewarding and decorating the stadiums, but does not stretch to any construction or infrastructure expenditure. The budget covers expenses from this year until the end of the tournament year,” Mutko said. “FIFA has provided $699 million, that’s including the year 2018. For the 2010 World Cup approximately the same amount was granted,” he said. Russia was awarded the World Cup in December 2010, beating a solo bid from England and joint efforts from Spain and Portugal and the Netherlands and Belgium, RIA Novosti reported.   Top stories Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Armenian gymnast, Olympic bronze medalist Artur Davtyan has reached the finals of the World Cup. Gor Manvelyan has denied reports alleging that he has expressed a desire to one day play for the French national team. Roma midfielder Henrikh Mkhitaryan is not considering FC Spartak Moscow as his next haven, according to fresh reports.   Partner news |  Latest news Armenia, U.S. to upgrade Strategic Dialogue meeting to Strategic Partnership Commission  The two governments have release a statement on the occasion of the U.S.-Armenia Strategic Dialogue Capstone meeting.Azerbaijan complains to Germany about Armenia's constitution Bayramov has complained about the Armenian constitution to his German counterpart Annalena Berbock.idcoin: New tool in IDBank’s loyalty system IDBank has announced the launch of idcoin, a new tool in the customer loyalty system.U.S., Armenia sign customs deal According to Armenian customs data, U.S.-Armenian trade reached $670 million last year. |
