By Emily Goddard

FIFA and Brazil have signed an MoU for the $100 million World Cup Legacy Fund ©Getty ImagesFIFA has signed a Memorandum of Understanding (MoU) with the Brazilian Football Confederation (CBF) to secure the implementation of a $100 million (£63 million/€80 million) Legacy Fund following this year's World Cup in the nation.

The MoU will help develop the sport in the country still further in areas such as infrastructure, women's and grassroots football, healthcare and social programmes for underprivileged communities, with particular focus on the 15 states that were not home to the Brazil 2014 host cities.

The deal was signed by FIFA secretary general Jérôme Valcke, CBF President José Maria Marin and CBF President-elect Marco Polo Del Nero in the presence of Brazil's Sports Minister Aldo Rebelo at the world governing body's headquarters in Zurich.

"The signing of this MoU confirms FIFA's commitment towards the sustainable development of football in Brazil," Valcke said.

"We are convinced that the legacy fund will be an excellent platform to spread the benefits of the unforgettable 2014 FIFA World Cup.

"As in South Africa and Brazil, it is also our intention to use the upcoming FIFA World Cups to promote the sustainable development of football in the host countries."

FIFA secretary general Jérôme Valcke, CBF President José Maria Marin and CBF President-Elect Marco Polo Del Nero signed an MoU to secure the implementation of a $100 million Legacy Fund from this year's World Cup in Brazil  ©FIFAFIFA secretary general Jérôme Valcke, CBF President José Maria Marin and CBF President-Elect Marco Polo Del Nero signed an MoU to secure the implementation of a $100 million Legacy Fund from this year's World Cup in Brazil ©FIFA

The first project of the Brazil 2014 Legacy Fund, which was unveiled by Valcke and Marin in July, was the creation of four football pitches - three artificial and one natural grass - located next to the Estádio Olímpico do Pará in Belém.

This is now nearing completion and details of further plans are expected to be released by FIFA and the CBF in the future.

"Through this legacy fund, the 2014 FIFA World Cup will prove a catalyst for Brazil's football development, particularly at youth and grassroots level," Marin said.

"We are truly convinced that Brazilians will remember the 2014 FIFA World Cup for generations to come as a tournament that made a fundamental contribution to our football."

Rebelo added: "Today is an important day for Brazilian sport, as this legacy fund confirms the benefits the World Cup has brought and will bring to Brazil."

Funding, monitoring and control will be the responsibility of FIFA, while project proposals and implementation will be the responsibility of CBF based on FIFA approved plans.

All funds provided by FIFA under the project will be subject to an annual central audit by KPMG.

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