FIFA is set to announce a remarkable revenue of $15 billion (£11.2 billion) from the recently concluded World Cup, a figure that far surpasses initial financial targets established prior to the event.
On Saturday, FIFA President Gianni Infantino informed member associations about the substantial increase in earnings. The organization had initially estimated revenues of $11 billion. Sources indicate that a considerable portion of this surge can be attributed to hospitality and ticket sales, particularly from the high-priced secondary market, where FIFA collects a 15% fee from both buyers and sellers.
Football associations are expected to benefit from this expanded financial pool, although specifics have yet to be finalized. This financial boost is particularly timely for Infantino, who is seeking to solidify his leadership following a tumultuous period marked by controversy in the United States, Canada, and Mexico.
The backlash was particularly intense after FIFA was perceived to have yielded to pressure from Donald Trump regarding the suspension of a red card issued to US striker Folarin Balogun during the knockout stage against Paraguay. FIFA stated that the disciplinary committee made this decision independently, yet it has continued to stir discontent among European football associations. Despite this, Infantino has garnered over 200 pledges of support for his re-election in March, and the promise of additional funding from the World Cup may discourage some associations from voicing their grievances.
This financial windfall could also enhance the prospects of the United States hosting another World Cup in the near future. The next tournament available for bidding is the 2038 edition, and at a recent event, Trump expressed the US’s desire to host again, stating, “You should choose the United States of America again,” Additionally, discussions have taken place regarding the US potentially hosting the Club World Cup in 2029.
As of Saturday evening, VIP and hospitality packages for Sunday’s final between Spain and Argentina, taking place in New Jersey, were still available on FIFA’s ticketing portal. Tickets for the exclusive “This time we will leave Canada and Mexico out.” were priced at $34,500 per person.
FIFA was contacted for further comments.
