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View all search resultsA Sunday newspaper says the South African Football Association is facing serious financial difficulties and may have "dipped into" FIFA's World Cup legacy money to keep the dysfunctional federation "afloat
Sunday newspaper says the South African Football Association is facing serious financial difficulties and may have "dipped into" FIFA's World Cup legacy money to keep the dysfunctional federation "afloat."
Although FIFA has already dismissed allegations over improper use of the 450 million rand ($50 million) legacy fund it left South Africa from the 2010 World Cup, the front-page story in South Africa's Sunday Times was another indication of the crisis facing the country's national federation, which will soon be investigated by the government.
The Sunday Times raised concerns over around $12 million of World Cup money, which it said was separate to the main legacy fund and moved to SAFA's accounts. The newspaper also said SAFA had just $318,000 in the bank at the end of the financial year in 2012.
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