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Brazil Named Host of 2014 World Cup
Brazil was chosen to host the 2014 World Cup on Tuesday, returning the event to the country that held the tournament in 1950 and has captured the title a record five times.
Brazil was the only candidate and won in a unanimous vote by the executive committee of the sport's governing body.
The vote came on the same day the 2011 Women's World Cup was awarded to Germany. Germany, the host of the 2006 men's World Cup, beat out Canada.
After the withdrawal of Colombia in April, Brazil was the sole candidate, the choice of the South American continent enjoying the right to host the event. Brazil had been told by FIFA it wasn't guaranteed the tournament simply because it was the only candidate, saying it had to provide a solid bid package.
Since launching its bid for 2014, Brazil has emphasized why the country needs the World Cup, much more than what it has to offer the tournament.
Brazil has 10 of the world's largest soccer stadiums, but the Brazilian soccer confederation estimates that the construction and remodeling of stadiums will require an investment of $1.1 billion, though that could vary significantly depending on the cities chosen to host games.
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