Most expensive ever: Putin to spend $20 billion on 2018 World Cup in Russia

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One of the VIP guests invited to the 2014 World Cup final in Rio de Janeiro on Sunday is already planning for the next tournament in Russia four years from now.

Big time.

Russian President Vladimir Putin, who will attend the final by invitation along with many other leading politicians, is ready to splash some serious cash when it comes to hosting the World Cup for the first-time in his nations history. Putin and members of the Kremlin are planning to spend over $20 BILLION on hosting the showpiece event, as costs for new stadiums, infrastructure and transport links will be hefty. Putin will be up for reelection in 2018 and could see hosting the World Cup as a great tool to rally public support behind him.

The latest report comes from NBCNews.com, as Putin aims to make the 2018 tournament the most-expensive and extravagant World Cup in history.

“Russian President Vladimir Putin reportedly plans to spend $20 billion on Russia’s hosting of the 2018 competition. His ambitious plan will see stadiums and infrastructure built over an area stretching 1,500 miles from the Baltic Sea in the west to the Ural Mountains that form the gateway to Asia. The event is expected to follow the economic blueprint of this year’s Sochi Winter Games – the most expensive Olympics in history with estimated overall price tag of $51 billion.”

Putting the reported budget for the 2018 tournament into context, the 2014 World Cup in Brazil reportedly cost over $14 billion, while South Africa 2010 came in at $3.9 billion. That means the money Russia will spending on the 2018 World Cup is five-times the amount that was spent in South Africa. Wowza.

The 2014 Winter Olympics in Sochi were deemed a success in Russia, as Putin spent an incredible $51 billion on the event to make it the most expensive Olympics in history. The event was safe, delivered what was expected but now Sochi has no need for the stadiums, hotels and other infrastructure built for the games. In the bigger cities like Moscow and St. Petersburg, improving soccer stadiums and transport will prove beneficial, but in some of the more remote World Cup cities in Russia spending is badly needed on other things. Will “White Elephants” be left behind all over Russia when the tournament has finished? Or will the Russian people benefit from this monumental expenditure on World Cup stadiums and facilities?

That remains to be seen. Putin’s plans may be grand, but they should improve the country for the long-term, not just dazzle during a World Cup, then dissolve into dereliction.

Bayern signs Germany midfielder Goretzka from rival Schalke

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MUNICH (AP) Bayern Munich signed Germany midfielder Leon Goretzka on Friday on a free transfer from Bundesliga rival Schalke effective from next season.

Bayern said the 22-year-old Goretzka signed a four-year deal from July 1 through June 2022.

Schalke, which Goretzka joined in 2013 from hometown club Bochum, said the player informed the club this week of his wish to join Bayern when his contract expired.

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“We think we did everything in the last months to convince Leon to stay with us,” Schalke sporting director Christian Heidel said. “In the end, it wasn’t enough.”

Schalke had long been engaged in trying to get Goretzka to extend his contract, but was aware of reported interest from Bayern, Real Madrid, Barcelona, Juventus and Liverpool.

“We’re very happy that Leon Goretzka, a German international with big potential, has decided in favor of Bayern despite big-name international competitors. This way it’s ensured that Leon Goretzka remains in the Bundesliga,” Bayern chairman Karl-Heinz Rummenigge said.

Goretzka scored 19 goals and set up 13 more in 130 appearances for Schalke.

The club had previously expressed its displeasure with Bayern making public statements about its player after Goretzka was praised by sporting director Hasan Salihamidzic and coach Jupp Heynckes.

Heidel said “we don’t need to hear every day from the Munich people how good our player is.”

Goretzka has six goals in 12 games for Germany.

Pele hospitalized overnight in Brazil

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The most famous soccer player in the world had a scare last night as he was hospitalized in Brazil for “severe exhaustion.”

Pele, 77, was set to travel to London this weekend to be honored by the Football Writers Association, though it looks like that trip has now been postponed.

In the early hours of Thursday morning, Pele collapsed and was taken to a hospital in Brazil where he has undergone a series of tests which appear to point to severe exhaustion,” a FWA statement said. “He remains on fluids while doctors monitor his recovery.

“Thankfully, there is no suggestion of anything more serious than exhaustion.”

Here’s to hoping Pele makes a full recovery.

[MORE: USMNT centerback heads to Championship club]

USMNT centerback Carter-Vickers heads to Ipswich Town on loan

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Cameron Carter-Vickers has a new club to call home for the next five months or so after a rough first half of the season.

Tottenham announced Friday morning that it had loaned the U.S. Men’s National Team centerback to Championship club Ipswich Town for the rest of the season. Carter-Vickers spent the first five months of the season at fellow Championship side Sheffield United, starting 17 times though he struggled recently as Sheffield won just one game he played in during the month of December, losing three and drawing one.

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Carter-Vickers was then recalled earlier this week and now has a new home with a mid-table Championship club, with a new chance to impress. Hopefully Carter-Vickers can recover his form and continue to grow, potentially latching on to another Premier League side next year or breaking into the Tottenham first team.

There’s another interesting American tie-in to this. Carter-Vickers appears to be a short-term replacement for Ipswich Town’s Tommy Smith, who the club states is headed to join the Colorado Rapids ahead of the 2018 MLS season.

Sanchez, Mkhitaryan transfer still up in the air

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The player-swap/trade/transfer between Arsenal and Manchester United still appears to be heading towards completion, but it was further delayed Friday.

Multiple reports in England state that while Alexis Sanchez seems set to move to Manchester United, Henrik Mkhitaryan has yet to agree to move the other way, as talks between the player’s agent and Arsenal continue. Mkhitaryan was seen training at Manchester United’s practice facility on Friday, and because the latest delay, both players would be unable to debut for their new teams this weekend after missing the Premier League registration deadline.

[MORE: JPW’s Premier League picks]

Arsenal hosts Crystal Palace Manchester United travels to Burnley, both on Saturday at 10 a.m. (Watch Arsenal live on CNBC, Manchester United live on NBCSN, and both live on NBCSports.com)

The London Evening Standard reports that Mkhitaryan would command a $242,000-per-week salary but that as of Friday morning he had yet to undergo a medical for the transfer. Arsenal reportedly still wants a transfer fee included for Sanchez, while Manchester United would prefer to just swap the two players.

It’s also looking as if that won’t be Arsenal’s only business in the transfer market. While it seemed like a far-fetched rumor at first, the links between Pierre-Emerick Aubameyang and Arsenal have only grown stronger in the past few days, and the Gabon international appears to be in the Gunners sights. It appears that Bordeaux’s young striker Malcolm is now off the table.