FIFA "is suspending further transfers from a World Cup legacy fund to Brazil pending further talks with the Brazilian federation" (CBF), according to Samindra Kunti of INSIDE WORLD FOOTBALL. Brazil has only received $8.7M from the fund "17 months after the most profitable World Cup in history." The 2014 FIFA World Cup was a "huge success as the world's favorite game returned to its spiritual home." Some "remarkable football was on display, far removed from the cagey affair in 2010," and FIFA grossed $5B in revenue from the month-long football festival. Before the tournament FIFA "had promised to set up a World Cup legacy fund amid nationwide protests to help develop Brazilian football." The hosts have so far received $8.7M from the $100M fund, "equaling 0.2% of the total revenue." FIFA has "decided to halt further Brazil-bound transfers until the CBF meets additional requirements for reports and audits, according to Brazilian newspaper Estadao." The CBF's communications department "confirmed the freezing of the fund" (INSIDE WORLD FOOTBALL, 12/21).
