Egypt's 2010 bid committee plans to build eight new stadiums for the event

Six brand new stadiums will be built if Egypt win the right to host the 2010 World Cup, according to the country's bid committee.

In addition, four current stadiums are being refurbished - and the work will be finished regardless of whether or not FIFA award the event to Egypt.

"We are hosting the African Nations Cup in 2006, and we will use these stadiums at that event", Egypt's Youth and Sports Minister, Alie El Din Hilal, explained.

The bid committee has denied that any budgeting plans have yet been made.

News reports had suggested a budget of $1.525 billion for Egypt's World Cup, if the bid were succesful.

But Hicham Azmy, a member of the bid committee, told BBC Sport that no figure has yet been determined.

"Our financial resources depend on our sponsors, who have not yet estimated a final budget for our bid," he said.

Two major international companies, Mercedes Benz and American Express, have already backed the bid.

Mr Azmy denied that the riots which marred the second leg of the final of the African Champion's League would harm Egypt's chances of hosting the 2010 World Cup.

"There was a similar incident in South Africa two years ago.

"And in another incident, people actually died in a domestic league match [in South Africa], but I believe such things will affect neither our bid nor South Africa's."

FIFA's inspection team, which has just left Tunisia, is due to arrive in Cairo on the 23rd of January.

Tunisia, Libya, Morocco and South Africa are the other bidders.