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Sg definitely can afford but its a very high sum due to the two dumb bidders.
Who will pay for the high fees?
The citizens again!!!
This reminds me of introduce Pay and Pay policies!!!
COE, Casino Levy, 30 Year HDB Loans, TV Tax, GST blah blah
As far as the PAPies are concerned, these two have done their job. Now everyone wait to see the PAPies come iN and solve the problem.
If Mediacorp had sent in a smaller bid or even MDA, FIFA wuld have accepted. FIFA wants as many people to watch wc2010.
When private scums pay a lot, too much, for EPL and Champions League, then FIFA knows the game even better and will demand a commensurate fee for WC2010.
Expect Mediacorp or MDA to step in at an opportune time.