FIFA Revenue Hits $7.5 Billion for Current World Cup Period

[Epoch-Times-Bot]

FIFA Revenue Hits $7.5 Billion for Current World Cup Period

DOHA, Qatar—FIFA earned record revenues of $7.5 billion in the four years of commercial deals tied to the 2022 World Cup in Qatar, the governing body of soccer said Sunday.
The last three sponsors—two American and one from the Middle East—were announced hours before the opening game: YouTube, Visit Las Vegas, and Fine Hygienic Holding, all in the third-tier category of regional sponsors.
The late arrivals to complete the slate of World Cup sponsors helped lift FIFA’s four-year income to more than $1 billion ahead of the previous commercial cycle linked to the 2018 World Cup in Russia.
The numbers were revealed Sunday at a closed-doors meeting of more than 200 FIFA member federations whose cash grants from the Switzerland-based soccer body have risen sharply since Gianni Infantino was elected in 2016....

Source: FIFA Revenue Hits $7.5 Billion for Current World Cup Period

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