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FIFA's money talks

Thursday, June 10, 2010
Jun 10
8:01
AM ET

Posted by Paul Grant

JOHANNESBURG -- Cribbed from BBC.co.uk, via the Sports Business Daily: FIFA has insured the World Cup tournament for $9 billion, according to Lloyd's of London. Stadiums and training venues are covered up to $4.6 billion. National teams, broadcasters and "other firms with a stake in the tournament's success" also have taken out policies.

No word on how much the policy covers regarding hearing damage from listening to vuvuzelas.

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