Tuesday 17 November 2009

New Zealand qualification proves cash bonanza for

New Zealand' shock qualification for the World Cup has proved a money spinnner for the country's football Assocaition.

The All-Whites as the Kiwi football team is known booked their place with victory over Bahrain in their qualifying play-off second leg.

And they are set to net about NZ$10m ($7.43m; £4.45m) for qualifying for next year's finals in South Africa.

Talks with potential sponsors should also now kick on after they qualified for the first time since 1982.

The nation booked their place after Rory Fallon's header gave them a 1-0 victory over Bahrain in their Asia-Oceania playoff in Wellington on Saturday.

"We were cautious about having a big windfall and going crazy [because] you've got a lot of money and you can create a lot of short-term activity and then the money runs out," NZF chief executive Michael Glading told Reuters.

"We're very much thinking about long term."

Although the exact amount of cash the football association will get from world football governing body Fifa has not been determined at present, the country is budgeting for a NZ$10m windfall.

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