FIFA pledges funds to World Cup legacy trust
Posted on Jan 24 2014 | IANS
Rio de Janeiro, Jan 24 : A 2014 World Cup legacy trust will allocate at least USD 20 million to youth development projects in Brazil, the game's governing body FIFA said.
FIFA secretary-general Jerome Valcke made the announcement Thursday while visiting the Bola Pra Frente institute in Rio de Janeiro, reported Xinhua.
Accompanied by Brazil legends Bebeto, Cafu and Jorginho, Valcke said the facility was part of FIFA's Football for Hope programme, promoting creativity and a healthy lifestyle among children.
"FIFA has already invested USD 35 million in Football for Hope by supporting various organizations around the world," Valcke said.
"Today we are extending this to 25 organizations in Brazil. We have created a legacy trust which we will provide more details about in March."
The 53-year-old Frenchman, noticeably struggling in Brazil's midsummer heat, was greeted by musical performers and converted a mock penalty kick to the amusement of onlookers.