Fifa secretary general Jerome Valcke unveiled the $100m Football Legacy Project for Brazil on Tuesday 20 January 20 at the Arena Corinthians Stadium in Sao Paulo, where organisers of the 2014 World Cup met to evaluate the outcome of the tournament.
The new initiative will involve $60m of infrastructure projects, with particular focus on the 15 states which did not host World Cup matches.
A further $15m will be invested in youth football, $15m in women's football, $4m for medical prevention and public health awareness, $4m for social and community awareness projects and $2m for administrative and logistical costs.
"What are we talking about also today? We are talking about the 100 million which is this Legacy Fund which Fifa has approved and agreed to give to Brazil to develop women's football, to work in the different regions, zones or states where there were no World Cup Games, and again to make sure that we use money to develop football in the country," said Valcke in Sao Paulo on Tuesday.
Valcke responded to questions regarding the auditing of the money destined for the legacy project, in the context of ongoing corruption scandals which overshadow the world's largest football organisation.
"All is under very strict rules. There is a permanent audit system in place at Fifa and we are auditing what our member associations are doing, and we are making sure that all the money that is given by Fifa to the member associations is under clear rules and regulations. So I would say maybe in the past, years ago, decades ago, it was possible to use the money in a way that was not approved, was not regulated by Fifa, today it is impossible. I mean all the money which was given by Fifa is always under very clear regulations and all have to be looked by Fifa to make sure it is used in the right way," Valcke explained.
All funds provided by Fifa under the project will be subject to an annual central audit by the independent firm KPMG.
Valcke rebutted concerns that stadiums used during the World Cup would become White Elephants, such as in the Amazonian city of Manaus where football is of little local interest.
He argued that what has been proven by previous World Cups, such as South Africa 2010, is that it takes time for the local population to adapt and begin to use the facilities left by the tournament in a regular fashion.