More cheap World Cup tickets for local fans

Published on Fri, Feb 26, 2010 at 10:57 |  Source : Reuters

Updated at Fri, Feb 26, 2010 at 11:49  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr
More cheap World Cup tickets for local fans

RELATED NEWS

World Cup organisers on Thursday agreed to increase the number of cheaper seats offered to South Africans to 29% of total tickets for this year's tournament.

Local Organising Committee CEO Danny Jordaan told reporters the LOC board of directors had decided to raise the allocation from 11% to give poorer South Africans more chance of seeing games.

The decision should help sell tickets amid sluggish sales to foreigners but may also knock expected revenue from the month-long tournament, starting in South Africa on June 11.

Jordaan said the decision followed appeals from fans, trade unions and politicians to accommodate poor South Africans, but stressed that the loss of income would not harm the running of the tournament.

"We have made this commitment that we want the tournament to be affordable, that those football fans who have been supporting football for all of these years must now not be excluded," he said.

"Therefore we should then move the percentage of tickets available in category 4 to 29% and therefore accommodate all of those who made the ticketing request in category 4."

Category 4 tickets are specially-priced for South African residents at 140 rand (USD 17.95) for group matches, a quarter of the price of the cheapest tickets in other categories. They are still more than six times the cost of seats for local premier league matches.

Critics have long argued that the price of tickets were too expensive for most soccer fans in South Africa, where tens of millions of people live in poverty.

"At the beginning we argued ... that you have to take into account that football fans in South Africa are working class people of low income, and therefore we created a special category 4 ticket," Jordaan said.

"What we saw from the ticket requests from South Africans is much more than 11 percent."

So far 2.24 million tickets have been sold, leaving 660,000 still available just over 100 days before the start of the World Cup.

Organisers had originally estimated the tournament would attract about 450,000 foreign fans.

FIFA general secretary Jerome Valcke told reporters earlier this week that organisers would not cut ticket prices to ensure capacity stadiums, although FIFA could look to increase the category 4 tickets to 20%.

  

Trending News

Business News

Hands on Preview of the Samsung Galaxy S III
Morgan Stanley bomb: Predicts India's 2012 GDP at 5.7% "Morgan Stanley bomb: Predicts India's 2012 GDP at 5.7%"

Modi stays away from Advani, meets Vajpayee

CNBC-TV18 Exclusive Anand Sharma Says To Reassure Foreign Investors About Investments In India

The latest earning numbers FIRST on CNBC-TV18
Videos

Jun 1 2012, 14:57

Delisting candidates are risky; be cautious: SMC

- in MARKET OUTLOOK

Jun 1 2012, 11:57

Raamdeo Agrawal lauds Q4 nos, sees drastic rate cuts ahead

- in MARKET OUTLOOK

Interviews

Jun 1 2012, 15:36 | Source: CNBC-TV18

M&M performed well on strategy, not fuel prices: Nayer  

Jun 1 2012, 11:29 | Source: CNBC-TV18

HDIL eyes revenues of Rs 2500 cr in FY13  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!