Summary
WALES can count on a huge result at the World Cup next year, irrespective of how their team perform. They stand to make more than Pounds 8million from a shrewd bit of business with France.
The guaranteed sum involved, at least Pounds 6m and rising with every sold ticket, comes from a private arrangement with the hosts entitling Wales to more than the gate revenue for their four matches at the Millennium Stadium. It gives them one-fifth of ticket sales for the entire tournament and the French expect the figure to top Pounds 40m. The deal is the quid pro quo of a bargain struck 10 years ago when the two French votes proved crucial in Wales defeating Australia to host the 1999 tournament in a secret ballot, supposedly by one vote.See the full content of this document
Extract
Wales the Pounds 8m Cup Winners
France got Pounds 4m as their share of the proceeds and by next year Wales will expect their cut to have doubled.
In that event, they will have pushed the price of one vote on the World Cup trading floor to Pounds 4m, which raises the often grubby business of horse trading to a fine art. Cardiff, what's more, will sta...See the full content of this document
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