Russia will host the World Cup in 2018 - the first time an eastern European country has held the competition. It beat rival bidders England, Spain/Portugual and the Netherlands/Belgium. Prime minister Vladimir Putin is now set fly to Zurich; his decision to stay away from the final hours of lobbying has been vindicated. For all the latest news, go to the FT's live blog from Switzerland. Fifa have said they announce how the vote went, round-by-round, later on Thursday.
Russia is seen as Europe's biggest emerging football market. Thirteen Russian cities will host matches, and Russia has pledged visa-free travel for all foreign ticket-holders. The country plans to invest $3.82bn in upgrading and building stadiums.
Tags: World Cup
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