FIFA says it has earned record revenues of $7.5 billion in the four years of commercial deals tied to the World Cup in Qatar.
Key broadcast deals for this year's World Cup were signed during Sepp Blatter’s presidency in two-tournament deals that included the Russia and Qatar tournaments. They included deals with Fox in the United States and Qatari broadcaster BeIN Sports from 2011.
FIFA's revenues will rise to about $2.5 billion despite the COVID-19 pandemic. FIFA was prepared to use that cash to help members through uncertainty in 2020 when national team soccer and World Cup qualifying games were almost entirely shut down. Revenues are likely to approach $10 billion for the next four years thanks to a new financial strategy for women's soccer and the expanded 2026 World Cup in the United States, Canada and Mexico.
Separate sponsor deals for women's soccer are being signed for the 2023 World Cup in Australia and New Zealand.FIFA has an almost blank slate for the 2026 edition with top-tier sponsors Coca-Cola, Adidas and Wanda the only deals currently extended.Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
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