LPGA Booming Behind Whan's Leadership Major League Football Plans '16 Launch Can Goodell Get NFL's Image Back On Track? France: No Change Coming To Chase Manfred Keeping Open Mind to Changes AHL Western Division Not Yet Approved League Notes Manfred Points To Focus On Youth Bettman Address Expansion Requests MLS, Players Union Far Apart On New CBA
Upcoming Conferences and Events
SBD/1/Leagues Governing Bodies
WORLD CUP SOCCER SURPLUS TO BE SPENT OVER TIME
Published December 1, 1994
According to U.S. Soccer Federation Exec Dir/Secretary General Hank Steinbrecher, the U.S. Soccer Foundation plans to be "very conservative" with the $60M surplus from the World Cup, "perhaps disbursing" somewhere between $5-6M a year. That money "presumably would come" from interest and investment of the principal. Steinbrecher: "We could spend all the money quickly and make a terrific impact and get a pat on the back. But I'd rather have my grandchildren get that pat on the back." A "prime candidate" for early funds: "deprived economic areas" (Jerry Langdon, USA TODAY, 12/1).