Jun 28, 2013, 5:13 PM EST
In what is absolutely the biggest win for protestors yet in Brazil, FIFA president Sepp Blatter has pledged to give at least $100 million in World Cup profits back to the host country as part of a social fund.
The idea is not a new one – FIFA did the same for South Africa following the 2010 World Cup.
However, Blatter said the amount of the fund will match or possibly exceed that number this time around, saying, “an amount like that or even higher will be possible to have here.”
The announcement comes on the heels of massive protests all across Brazil during the Confederations Cup, with some demonstrations turning violent. The demonstrators begged for the billions of dollars spent to bring the World Cup to their country to instead be used for much-needed social improvements in the education and health sectors.
Earlier this week, the Brazilian government caved to demands of the protestors by beginning to vote on a series of new laws aimed at improving social policies. The votes come just after Brazilian president Dilma Rousseff called the lawmakers to action and supported the protests but condemned violence among the demonstrations.
- Marvell Wynne, Bakary Soumare headline Stage 2 of MLS Re-Entry Draft results 0
- Premier League Power Rankings: Arsenal, Everton rising, Saints falling 0
- Robbie Rogers: FIFA “insane” to host World Cups in Russia, Qatar 3
- Stoke City confirm Brek Shea is finalizing move to Orlando City 1
- Soccer stadium approved in Las Vegas, as MLS expansion talk heats up in Sin City 1
- Borussia Dortmund’s Marco Reus fined $665,000 for driving without a license 1