Previous
Hull City
Manchester United
0
0
FT
Game Details
Newcastle United
West Ham United
2
0
FT
Game Details
Chelsea
Sunderland
3
1
FT
Game Details
Arsenal
West Bromwich Albion
4
1
FT
Game Details
Stoke City
Liverpool
6
1
FT
Game Details
Manchester City
Southampton
2
0
FT
Game Details
Everton
Tottenham Hotspur
0
1
FT
Game Details
Aston Villa
Burnley
0
1
FT
Game Details
Leicester City
Queens Park Rangers
5
1
FT
Game Details
Crystal Palace
Swansea City
1
0
FT
Game Details
New York Red Bulls
Philadelphia Union
0
2
FT
Game Details
San Jose Earthquakes
Orlando City SC
1
1
FT
Game Details
Next
ArsenalArsenal
West Bromwich AlbionWest Bromwich Albion
4
1
FT
Game Details
ChelseaChelsea
SunderlandSunderland
3
1
FT
Game Details
EvertonEverton
Tottenham HotspurTottenham Hotspur
0
1
FT
Game Details
Manchester CityManchester City
SouthamptonSouthampton
2
0
FT
Game Details
Hull CityHull City
Manchester UnitedManchester United
0
0
FT
Game Details
By ESPN Staff

World Cup plan on track but costs a worry

CAPE TOWN, Oct 23 (Reuters) - South Africa is on track to build stadiums for the 2010 soccer World Cup but rising costs are a concern, a cabinet spokesman said on Thursday.

South Africa is the first African nation to host the prestigious tournament, but a global credit crisis coupled with slowing domestic growth and higher prices for building materials have stoked concerns about rising costs.

The country's Treasury provided an extra 1.4 billion rand ($126.3 million) to cover cost overruns in its medium-term budget this week.

Economists say South Africa may struggle to raise cash to fund massive infrastructure plans ahead of 2010 given inflated borrowing costs due to the global credit crunch.

"(The) construction programme for the stadia was on track to meet all FIFA deadlines even though cost escalation still remains a challenge," Themba Maseko, cabinet spokesman, said in a statement.

South Africa originally budgeted about 17.5 billion rand for the construction and refurbishment of 10 soccer stadiums and other infrastructure for the 2010 tournament.

Finance Minister Trevor Manuel said on Tuesday the additional 1.4 billion rand would be made available for cost overruns, with another 600 million rand to improve internet connectivity between the stadiums and the national network.

Comments

Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment, and may be used on ESPN's media platforms. Learn more.