With a proposal of $20 million having been presented, the Cabinet seems to have done a good cut down by only approving about $10 million as Ghana’s World Cup Budget, considering the fact that $19 million was approved for the last World Cup held in South Africa.
Nevertheless, the nearly US$10 million (Gh¢24,677,025) approved budget is pretty high compared to the US football Federation’s World Cup budget for Brazil which is listed at US$2 million although the amount may increase. Algeria has proposed US$5.8 million; One million of the mount will be received from sponsorship and Belgium on December 12 announced an allocation of €4.5 million for the national team for Brazil 2014.
A press statement signed by the Minister for Information and Media Relations, Mr Mahama Ayariga said for Ghana, cabinet has approved the release of GH¢10,500,000 to the Ghana Football Association (GFA) to finance Ghana’s participation in the first group stage of the competition.
A further amount of GH¢14,177,025 has also been budgeted to cover the team’s expenses when they qualify for subsequent stages of the competition—making the government’s total commitment to the Black Stars’ participation to a total of GH¢24,677,025.
This post was published on March 17, 2014 9:31 AM
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