FIFA is set to announce an unprecedented revenue figure of $15 billion (£11.2 billion) from this summer’s World Cup, a substantial increase over the initial projections made prior to the event.
Gianni Infantino conveyed this significant financial news to FIFA’s member associations on Saturday. The governing body had originally estimated earnings of around $11 billion. Sources indicate that a notable portion of the revenue surge can be attributed to hospitality and ticket sales, particularly from the high-priced secondary market, where FIFA collects 15% from buyers and another 15% from sellers.
Football associations are expected to benefit from this expanded World Cup revenue pool, although specific details regarding the distribution have yet to be finalized. This financial boost comes at a pivotal time for Infantino, reinforcing his position following a tumultuous month marked by controversy in the United States, Canada, and Mexico.
There was significant backlash after FIFA appeared to give in to pressure from Donald Trump by reversing the red card issued to Folarin Balogun, the US striker, during the last 16 match against Paraguay. FIFA asserts that the decision was made independently by its disciplinary committee; however, the matter has continued to generate tension among European football associations. Despite this, Infantino has garnered over 200 pledges of support from FIFA’s member associations ahead of his re-election bid in March. The prospect of additional funds from record World Cup revenue is likely to temper any public dissent among some associations.
This financial windfall could also enhance the likelihood of the US hosting another World Cup in the near future. The next available tournament for bids is set for 2038. At a reception on Friday, Trump reiterated the United States’ eagerness for another opportunity, stating, “You should choose the United States of America again,” Additionally, the US has been in discussions with FIFA about hosting 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 platform. The “This time we will leave Canada and Mexico out.” tickets were being offered at a staggering price of $34,500 per person.
FIFA was approached for comments regarding these developments.
