Russian President Vladimir Putin said that state budget money accounts for less than half of expenditures for next year's FIFA World Cup, while speaking at his annual press conference at the World Trade Centre in Moscow, Thursday. «Private money amounts for more than half of expenditure; what we spend on the World Cup goes towards developing infrastructure, said Putin. He went on to say that... Еще despite a delay on one of the 12 stadiums, he is confident that «everything will be top quality and will be delivered on time.» «FIFA inspectors have been helping us with preparations, everything is running according to schedule,» he added. Thursday's event is Putin's 13th press conference and is being held in a live question and answer format. Among the accredited Russian and foreign media outlets are AFP, Bloomberg, Xinhua News Agency, CNN and the Guardian. Reporters from regional press outlets, such as Unknown Siberia and Arkhyz 24, will also have a chance to ask questions. Last year, 1,437 journalists were accredited for the event, with 48 of them managing to ask their questions. Putin answered 67 questions last year. This year 1,640 Russian and foreign journalists have been accredited. The 2008 press conference is still the longest ever — at four hours 40 minutes. Putin answered 106 questions during that event. The second longest presser was in 2012, lasting four hours 33 minutes.