The president of the 2010 World Cup organising committee, Danny Jordaan, has confirmed that finances for the tournament are in very good shape.

"South African companies have already committed US$100m more than the 2002 World Cup in Korea and Japan," he said.

Jordaan said this confirmed the wider business world had confidence in the South African event being a success.

"Multi-national companies have done their homework and are investing in our World Cup," he added.