FIFA’s $100 Million to Boost Brazil as World Cup Gift

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Soccer governing body FIFA agreed to create a $100 million fund to develop the sport in Brazil, a country that has won the World Cup more times than any other.

FIFA, which also funds a development program in 2010 tournament host South Africa, was the target of protesters in the buildup to the competition. Germany beat Argentina in the final to claim a fourth World Cup title after routing Brazil 7-1 in the semifinals. Brazil is a record five-time champion.