The FA board has approved plans to set up a new company to manage England’s bid for the 2018 World Cup finals in a process that will cost an estimated £15 million. The FA have decided that the structure will be similar to the 2012 Olympic Games bid and they have began to search for a chairman and chief executive.
This is some of an FA statement: “The board approved the setting up of a 100 per cent-owned subsidiary company within the FA to manage the bid.” “This would be governed by an executive board made up of a bid chairman, a bid chief executive, the FA chairman Lord Triesman and two deputy chairmen,” the FA is looking to have this team completed within the next six months.
One of the focuses of the bid will be about the benefits that a World Cup in England would bring to the development of football around the world. The FA suggests that it would commit England to producing a World Cup legacy which enriches the opportunities for football to flourish in all parts of the world.
The FA also acknowledged the role of the Government but have not decided whether any government members would be involved in the bid process.