FA setup company to steer World Cup 2018 bid

England's World Cup hosting hopes pinned to bid company The English Football Association made the bid company set-up official in its efforts to land the 2018 World Cup.

The bid company route was successfully undertaken by the committee to get the 2012 Olympics in London. A 100-percent owned subsidiary company will be set up within the FA, with a bid chairman, chief executive, two deputy chairmen and FA chairman Lord Triesman.

There will be three departments — one for the technical bid, one for the bid campaign and another to liaise with the government. All will report to the bid chair and chief executive.

Triesman will lead an interim group until a full permanent board is installed. The estimated time for that to happen is six months.

The 2018 World Cup bid is estimated to cost GBP 15 million for England. A 63-page report was handed to FA board members, detailing the estimated cost and proposed structure.

"The report recommends an approach focusing on the benefits that a World Cup in England would bring to the development of football around the world," read a statement from the FA. "(It) commits England to producing a World Cup legacy which enriches the opportunities for football to flourish in all parts of the world."

Source: euFootball.BIZ © Copyright 2006 - All rights reserved.