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FIFA 'Concerned' About Brazil's 2014 World Cup

FIFA President Sepp Blatter attends a news conference following the body's executive committee meeting in Tokyo, December 17, 2011.

The president of soccer’s world governing body says it is "concerned" about Brazil's preparations for the 2014 World Cup.

FIFA President Sepp Blatter said Saturday after a FIFA executive meeting in Tokyo that he will meet with the Brazilian government in the coming year to discuss its readiness for the tournament.

FIFA said it has not received the necessary government guarantees about the organization of the event.

The French news agency reports Brazil needs more than $11 billion in investment to fix roads, boost hotel capacity, reinforce security and develop its telecommunications network ahead of the World Cup.

Some information for this report was provided by AP, AFP and Reuters.