VegasInsider.com
VI Mobile Scores and Betting OddsVI Mobile Scores and Betting Odds Be Social
Home
NFL
NBA
NHL
MLB
NCAA FB
NCAA BK
Golf
Auto
Horses
Soccer
Boxing/MMA
More
Betting Tools

 
Brazil raises expected cost of WCup by 15 percent

RIO DE JANEIRO (AP) - Brazil says the estimated cost of public spending on stadiums, airports and other infrastructure for the 2014 World Cup has been revised upward by more than $1.7 billion.

Advertisement
The country's Audit Court says the current $13.28 billion price tag for the tournament, which will bring matches to 12 Brazilian cities, is up nearly 15 percent from the initial estimate of $11.58 billion.

In a statement, the court said the overrun was due to the higher-than-expected cost of airport renovations and stadium construction.

The statement noted that while work on stadiums is progressing at a ``satisfactory'' rate, work on airports is ``moving at a slow pace.''

This year, the Brazilian government clashed with FIFA about the slow pace of preparations for the tournament.

Copyright 2017 by STATS LLC and Associated Press.
Any commercial use or distribution without the express written
consent of STATS LLC and Associated Press is strictly prohibited.

  
HEADLINES
Bookmaker: 2018 World Cup Group Odds
News: 2018 World Cup Odds
Raffael leads 'Gladbach to 4th place
SA football ex-boss Figueredo is released
Lille fires coach Bielsa after suspension
UEFA rejects AC Milan bid for fair play
FIFA suspends Brazilian prez del Nero
Pulisic is US top player, youngest ever
Donnarumma in tears after fans jeer him
MORE HEADLINES
 
VegasInsider.com Gold Membership
  
corner graphic
With a VI Gold Membership, you can SAVE 10% off a Live Odds subscription, SAVE 20% off Daily Pick packages, and receive access to up to 1,000 Member Plays each month!
VI Gold Membership