The head of the 2010 World Cup organising committee insists reports the tournament could be taken away from South Africa are way off the mark.
Danny Jordaan claimed FIFA are in fact pleased with how preparations are progressing.
Reports have suggested world football's governing body are considering staging the event elsewhere amid speculation stadia construction is falling behind schedule.
The Brazilian Football Federation have been approached over the possibility of stepping in, according to reports in Spain.
But Jordaan said: "I have seen the the reports. I have read the same lines 10 times over the last couple of years and it is the same story.
"Maybe the next report will say Lesotho will get the tournament. We are well ahead with our delivery and people are very happy with that.
"I don't even need to rubbish anything because there is nothing to rubbish. We are not even taking notice of the reports.
"There is only one basis on which we can be removed as the host and that is an act of God."
Jordaan insisted the 2010 World Cup was already proving a profitable venture for FIFA.
"The 2010 tournament has already generated US$3.5billion in revenue, which is the highest of any FIFA tournament in history and we have still got two years to go," he said.
"It is the most successful commercial venture FIFA have ever undertaken - way bigger than the US$2.8billion Germany brought in.
"So I am going to ask why would FIFA close down its most successful outlet in business? Why would they do that? It does not make sense."
Jordaan revealed the stadium costs will exceed their 9.8billion Rand ($1.3 billion) budget by 3billion Rand ($398 million), but was quick to add the organising committee had made provisions for the overspend.
He added the country was putting 13.6billion Rand (US$1.8 billion) into the transport infrastructure.
"We can only continue to work hard on the tournament," Jordaan said. "It's not the first or the last time we will have such a report, but once again there is no source and we are not taking it seriously."
The CEO said the seats were already being fitted at the new 95,000 seater FNB Stadium in Johannesburg, where the opening and closing ceremonies will take place.
He is confident the stadium will be finished in June 2009 in time for the Confederations Cup, and added all the other stadia should be finished a year before the World Cup kicks off.
"It is going so well we have already had delegations from USA and Holland to look at sights for where their teams could be staying," he added.
