• Loading stock data...
Friday, July 26, 2024
Join us this September for Tuned In Request to Attend

Controversy Won’t Stop Record Revenue at FIFA World Cup

  • The 2022 FIFA World Cup is expected to deliver record revenue for the governing body.
  • The 2018 tournament generated $5.4 billion in revenue.
FIFA-World-Cup
FIFA

Qatar continues to face criticism over its human rights abuses in the leadup to the 2022 FIFA World Cup, but the sport’s governing body is likely unbothered.

The tournament, which begins on Nov. 20, is expected to deliver record revenue for FIFA, topping the roughly $5.4 billion Russia brought in at the 2018 World Cup.

FIFA has already sold around 240,000 hospitality packages, nearly 3 million tickets, and broadcasting rights — Fox and Telemundo purchased rights to the 2018 and 2022 tournaments in 2011 for a reported $1 billion combined.

The body is expected to beat multiple financial targets for its 2019-2022 cycle, according to Bloomberg, primarily due to the World Cup.

  • FIFA will likely surpass its revenue target of $6.4 billion.
  • In that time, marketing sales are projected to outpace their budgeted $1.8 billion.

Meanwhile, Qatar anticipates $17 billion in economic impact. 

Persistent Protests

On Thursday, the Danish Football Association said FIFA rejected Denmark’s request to wear shirts that say “Human Rights for All” while they train at the World Cup. The announcement comes shortly after FIFA warned World Cup teams to focus on soccer.

Former FIFA president Sepp Blatter said earlier this week it was a mistake to award Qatar the tournament, and was quoted in a Swiss paper on Friday saying FIFA should bar Iran from the tournament after a woman died in custody of the morality police.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Teahupo'o Tahiti Surfing

Olympic Surfing Crashes on Tahiti Like a Wave

For Teahupo‘o’s locals, the Olympics are a mixed blessing.

Streaming’s Next Step: Amazon Acquires Rights to WNBA Finals

History could repeat itself when it comes to the move from cable to streaming.

Olympics: Despite Concerns, Star Athletes and Paris Spark Hope

Hope rises for a resurgent event after two pandemic-marred Olympics.

The Perfect Storm Propelling ‘EA Sports College Football’ to Early Success

Growing fandom and a long wait have already reaped dividends for EA.
podcast thumbnail mobile
Front Office Sports Today

Olympics Open: What Athletes Can Do With 15 Minutes of Fame

0:00

Featured Today

The FTC Noncompete Ruling Could Change MMA As We Know It

Fighters could see their options—and earnings—grow.
July 21, 2024

O No Canada: The Next Big Sports Betting Scandal Could Erupt North of the Border

‘It’s open-season for match-fixing up there.’
July 20, 2024

The Road to the Return of ‘EA Sports College Football’

This summer, the biggest development in college sports is virtual.
Apr 15, 2024; Brooklyn, NY, USA; Caitlin Clark poses with WNBA commissioner Cathy Engelbert after being selected with the number one overall pick to the Indiana Fever during the 2024 WNBA Draft at the Brooklyn Academy of Music.
July 16, 2024

Women’s Sports Merch Is a $4 Billion Market, but Supply Isn’t Meeting Demand

Retailers can’t make women’s sports apparel fast enough.

Salt Lake City’s Olympic Host Deal Includes Last-Minute Doping Clause

Utah officials are now mandated to uphold the ‘supreme authority’ of the World Anti-Doping Agency.
July 7, 2024

Tour de France Forced to Navigate the Paris Olympics, Too

The Olympics are disrupting the route of the iconic cycling race.
Jul 14, 2024; Miami, FL, USA; fans rush the gates before the Copa America Final match between Argentina and Colombia at Hard Rock Stadium.
July 15, 2024

Copa América Fallout: Greater Logistical Challenges Await 2026 World Cup

Argentina beat Colombia after unticketed fans entered the stadium.
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
June 7, 2024

U.S. Cricket Stuns Goliath Behind Its Star, an Ivy League Software Engineer

Team USA upset Pakistan, one of cricket’s superpowers, in overtime.
Jun 16, 2022; New York, New York, USA; A detail view of The FIFA World Cup Trophy sits on a stand outside of 30 Rockefeller Plaza.
June 5, 2024

Saudi Arabia, Likely World Cup Host, Slammed With Workers’ Rights Abuse Claims

The nation needs to build at least 10 stadiums to host.
May 6, 2024; Paris, FRANCE; A general view of construction of the Eiffel Tower Stadium, the venue for beach volleyball, in preparation for the Paris 2024 Summer Olympic Games.
June 4, 2024

Microsoft Warns of Russian Olympic Disinformation Campaign

Russian actors used an AI-generated Tom Cruise in a fake propaganda film.
Aug 18, 2016; Rio de Janeiro, Brazil; Julio Cesar La Cruz (CUB, red) faces Adilbek Niyazymbetov (KAZ, blue) during boxing final in the Rio 2016 Summer Olympic Games at Riocentro - Pavilion
May 29, 2024

Discredited Boxing Organization Vows to Award Prize Money to Paris Olympians

The IBA, unrecognized by the IOC, vowed $50,000 to boxing gold medalists.