Cape Town's World Cups Costs Drop

It will cost the City of Cape Town 11 million Rand (~$1.35 million) to play host to the 2010 World Cup, according to officials. This estimate is down from a previous total of 30 million Rand (~3.68 million).

The money will come from a R20m provision for 2010 operating expenses on the council's 2009/10 budget. In addition, the city must ensure it has public liability insurance of R300m in place during the event.

Hosting World Cup draw to cost Cape Town R11m
Cape Argus
June 18, 2009