At 8.4bn reais (€2.7bn), the 12 host stadiums for the 2014 World Cup cost 45% more than foreseen by the CBF (Brazilian Football Confederation) when it disclosed the list of host cities on 31/05/2009. The CBF had then expected a total cost of 5.7bn reais (€1.9bn).
The CBF had estimated "$1.1bn (€807m) in secured investments for the construction...
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