You're reading: NBC News: After Sochi, Putin to spend billions on 2018 World Cup

As soccer's World Cup draws to a close in Brazil, Russia is about to spend billions on hosting the next tournament - expenditure that economists say could give Vladimir Putin an economic headache and leave his country with numerous taxpayer-funded "white elephant" stadiums.

Putin reportedly plans to spend $20 billion on Russia's hosting of the 2018 competition. 

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