Sunday, February 25, 2024
27 C
Brunei Town

FIFA heads for record USD7B revenues

DOHA (AFP) – FIFA is on target to reap record revenues of USD7 billion on the back of this year’s Qatar World Cup, president Gianni Infantino said yesterday as experts predicted a long-term financial boom for football.

Infantino told the annual congress of the sport’s world governing body that FIFA’s finances were “great” and that it would beat its target of making USD6.4 billion in the four years up to 2022 by USD600 million.

The governing body has seen revenues from television, sponsors and marketing take off despite past scandals and the coronavirus pandemic when spectators have turned more to television screens and other new platforms.

FIFA said in its accounts that it expects “television broadcasting rights to have set a new record” by the time of the World Cup final on December 18.