Quantcast
Channel: Business Insider
Viewing all articles
Browse latest Browse all 53687

FIFA Is On Pace To Make A $2.61 Billion Profit On The World Cup

$
0
0

The 2010 World Cup generated $3.66 billion in revenue for FIFA while expenses equaled just $1.30 billion according to their own financial documents. That is a nice little profit of $2.36 billion, up 7.3% from 2006 and 22.8% from 2002.

If the 2014 World Cup shows a similar rate of increase, FIFA will profit approximately $2.61 billion from the tournament.

Of the nearly $4 billion in revenue from the 2010 World Cup, 65.9% came from the sale of television rights ($2.41 billion) and 29.3% came from the sale of marketing rights ($1.07 billion). The remaining revenue came from the sale of hospitality rights and licensing rights.

The biggest costs for FIFA included $348 million in prize money for the participating countries and member associations, followed by $326 million to South Africa for their organizing committee and a World Cup legacy program, and $214 million in TV production costs.

FIFA World Cup revenue and expenses.

Join the conversation about this story »


Viewing all articles
Browse latest Browse all 53687

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>