FIFA all set for biggest decision in world sport

ZURICH, (Reuters) – FIFA will take the biggest and  most far-reaching decision in international sport today  when its executive committee votes on the host nations for the  2018 and 2022 World Cups.

When FIFA president Sepp Blatter opens the envelopes to  reveal the winning names for the two tournaments at the Zurich  Messezentrum some time after 1600 local time (1500 GMT), he will  spark a financial, economic and social frenzy that will last in  the winning countries for more than a decade.
The value of hosting the World Cups is virtually  incalculable and could boost the economies of the winning  bidders and of FIFA itself by hundreds of millions of dollars,  pounds, roubles, euros or any other currency involved.

Today is the culmination of a bidding process that has  involved 11 nations with England, Russia and joint bids from  Spain/Portugal and Netherlands/Belgium seeking to host the  finals in Europe in 2018.

The United States, Japan, South Korea, Qatar and Australia  are involved in a separate race for 2022 and by awarding two  World Cups so far into the future, FIFA is closing the door on  any more World Cup bidding wars for around 10 years when the  next contest begins for the 2026 World Cup.

The Netherlands/Belgium campaign team will be the first in  action today when they begin their final presentation to  the executive committee at 0900 local time (0800 GMT), followed  by Spain/Portugal at 1000 (0900 GMT), England at 1100 (1000 GMT)  and Russia at 1200 (1100 GMT).
The executive committee convenes at 1400 (1300 GMT) with the  results expected around 1600 (1500 GMT).

Apart from sparking a likely economic boost for the  successful candidates, the only other thing certain in Zurich is  that the competition for both tournaments is too close to call  — with no-one able to predict which way the 22-man executive  committee will vote in its secret ballot.