Organized every four years since 1930 in the men’s category and since 1991 in the women’s category, the world Cup it assures the Zurich instance the essential of its income, calculated according to a four-year cycle, and which continues to increase.
Even in the case of the 2019-2022 period, critical when the covid-19 pandemic appeared, which stopped world sport for several months, and the Qatar World Cup, accompanied since its attribution at the end of 2010 by multiple controversies: suspicions of corruption, environmental balance, rights of workers and LGBT people.
But neither the boycott threats, nor the unusual schedule of the tournament (November 20-December 18, 2022, instead of June and July) prevented FIFA from closing its cycle with a new record, with income of $7.6 billionup 18% compared to the previous period, already marked by the commercial success of the World-2018 in Russia.
Regarding organization reserves, they grew to $3.9 billion (+45% compared to the previous cycle), a sufficiently comfortable treasure to allow you to have made available $1.5 billion of subsidies and loans linked to the covid for the federations.
Of course, the instance is to expect to see your income scale to 11 billion dollars in 2023-2026that is to say, 44.7% more than in 2019-2022, thanks above all to an increase in television rights, marketing rights and ticketing.
Is it unrealistic, in a period where many organizations are struggling in the face of an increasingly competitive market for television rights and fear a lack of interest from the youngest in sports?
Not necessarily, since the 2026 World Cup should be “the one with all the records”, he estimates Raffaele Polyeconomist at CIES (International Center for the Study of Sport) in Neuchâtel (Switzerland).
Not only will the largest men’s tournament in the world be co-organized between Mexico, Canada and the United States, promising vast full stadiums, but will also go from 32 to 48 teams, attracting broadcasters and keeping sixteen additional countries in suspense during the tournament.
Like all sports organizations, FIFA retains a part of its income, mainly to organize its competitions and pay its 814 employees, including Gianni Infantino, who receives 3.6 million Swiss francs (3.9 million dollars). annual, including a variable part.
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
