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FIFA’s revenue for Qatar World Cup grows to $7.5 bn

FIFA World Cup 2022: In the four years of commercial agreements related to the 2022 World Cup in Qatar, FIFA has reported to member federations that it generated record revenues of $7.5 billion. On Sunday, FIFA gave officials from more than 200 members a financial update. It represents a $1 billion increase above revenue from […]

FIFA World Cup 2022: In the four years of commercial agreements related to the 2022 World Cup in Qatar, FIFA has reported to member federations that it generated record revenues of $7.5 billion.

On Sunday, FIFA gave officials from more than 200 members a financial update. It represents a $1 billion increase above revenue from the last commercial cycle related to the Russia 2018 World Cup.

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Also Read:- FIFA World Cup 2022, England vs Iran: Big goals bonaza in Qatar, fans blow beer in England; Watch video

Commercial agreements with the nation hosting the World Cup helped to boost the additional revenue. In addition to new third-tier sponsors including Qatari bank QNB and telecom company Ooredoo, top-tier sponsor Qatar Energy has also joined.

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The majority of the broadcast agreements for this World Cup were made in 2011 during Sepp Blatter’s president and covered both the Russia and Qatar competitions.

Read More :- Latest Sports News

First published on: Nov 20, 2022 07:22 PM IST


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