Russia reveals $10.6bn World Cup outlay as Fifa offers $60m legacy fund
Russia spent Rbs700 billion ($10.6 billion) to organise the 2018 Fifa World Cup, Arkady Dvorkovich, the chairman of the local organising committee for Russia 2018, has revealed.
Dvorkovich shared the financial details after the monitoring council of the Russia 2018 LOC met for its last session in Moscow yesterday.
Dvorkovich said: "A sum of about Rbs700 billion was spent on the organisation of the world championship. The larger part of this sum was allocated from the federal budget."
Last summer’s tournament was the first World Cup to be staged in Russia, and Fifa president Gianni Infantino described it as “the best World Cup ever”.
According to a statement released by soccer’s world governing body in December, a record figure of more than 3.5 billion people watched at least some of the major sporting event last year. The final between France and Croatia pulled in 1.12 billion viewers.
The Russian Federal Agency for Tourism said that 2.9 million foreign visitors arrived in the country for the tournament.
The World Cup was held across 11 Russian cities: Moscow, St. Petersburg, Sochi, Kazan, Saransk, Kaliningrad, Volgograd, Rostov-on-Don, Nizhny Novgorod, Yekaterinburg and Samara.
Meanwhile, Dvorkovich also said that Fifa is set to allocate $60 million to a Russia 2018 World Cup legacy fund which is designed to help develop the sport in the country.
He said: “Fifa will allocate at least $60 million for the legacy programme. The amount will be used to support and develop children's, women's football and infrastructure. We agreed to continue working on the legacy programme and its content – this is the most important thing. The legacy program is being discussed by the Ministry of Sports, the Russian Football Union and Fifa."
Fifa also created a similar legacy fund for the 2014 World Cup in Brazil and last month revealed a four-year programme with the CBF, the Brazilian soccer federation, which will include a $100-million investment into football development and legacy projects in the South American country.
Just last week, Vladimir Putin, the Russian president, said he wanted Fifa to help the nation secure an effective legacy following the success of the tournament.
In a meeting with Infantino in Moscow, Putin said: "Ahead of us we now have a different task, to use everything that was done for the World Cup, to use it effectively, and on this issue we are also counting on your support."
Many Russian clubs saw an increase in attendances in the season after the World Cup, with teams in the cities of Volgograd and Nizhny Novgorod doubling their average home attendances largely through their new stadia.
Fifa said in a statement: "The outcome so far has been extremely positive, with average stadium attendances and football interest in general rising significantly according to recent reports.”
The next Fifa World Cup will take place in 2022 in Qatar, the first time the tournament will be staged in the Middle East.