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South American soccer body may use $10 million reserve fund

SANTIAGO, Chile (AP) -- South American football's governing body may be forced to use a $10 million reserve fund to pay expenses due to a cash-flow problem created by the FIFA bribery scandal.

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Carlos Chavez, treasurer of regional governing body CONMEBOL, told Associated Press Tuesday the reserve fund may be needed to pay expenses for the on-going Copa America, the South American championship.