FIFA is set to announce unprecedented revenues of $15 billion (£11.2 billion) from this summer’s World Cup, far surpassing initial forecasts.
On Saturday, FIFA President Gianni Infantino informed member associations of this substantial increase in income. The governing body had originally anticipated earnings of around $11 billion. The surge in revenue is largely attributed to high ticket prices and hospitality services, particularly from the thriving secondary market, where FIFA collects 15% from both buyers and sellers.
Football associations are expected to benefit from this expanded World Cup revenue pool, although specific details have yet to be determined. This financial boost will likely reinforce Infantino’s standing, particularly after a tumultuous month marked by controversy across the United States, Canada, and Mexico.
FIFA faced significant backlash following its decision to suspend a red card issued to US striker Folarin Balogun during the last 16 match against Paraguay, which many perceived as yielding to pressure from Donald Trump. While FIFA claims the decision was made independently by its disciplinary committee, discontent continues to simmer among European football associations. Despite this, Infantino has garnered over 200 pledges of support for his re-election in March, and the prospect of increased funds may deter some associations from voicing dissent.
This financial windfall could enhance the chances of the United States hosting another World Cup in the near future, with the next tournament available for bids being in 2038. At a reception on Friday, Trump expressed eagerness for a repeat, stating, “You should choose the United States of America again,” Additionally, the US has engaged in discussions with FIFA regarding the potential hosting of the Club World Cup in 2029.
As of Saturday evening, VIP and hospitality packages for the final match between Spain and Argentina, scheduled to take place in New Jersey, were still available on FIFA’s ticketing portal. Prices for access to the “This time we will leave Canada and Mexico out.” were set at an astonishing $34,500 per person.
FIFA was reached for comment regarding these developments.
