Morgan: USWNT Strike May Be Necessary Former Raptors Coach Builds Canadian League NHL ASG Breakaway Challenge Taken Off Roster Silver Says NBA Exploring Mexico City Franchise MLS Commissioner Don Garber Addresses Expansion NFL Sees Rise In Minority Head Coaching Hires Columnists React To Chargers Relocation News MLS To San Diego Now That Chargers Are Gone? NBA Looking To Have More Games Overseas NBA Doubleheader Set For London, Mexico City
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).