MOSCOW, Feb 15 — The revenue of the International Association Football Federation (FIFA) during the 2019-2022 period has amounted to a record-breaking US$7.6 billion due to “an unprecedented investment in football,” FIFA said on Tuesday.
“The FIFA Council has approved the Annual Report 2022, which highlights FIFA’s record breaking revenue of US$7.6 billion during the 2019-2022 cycle,” the association said on the website.
FIFA President Gianni Infantino said, “FIFA’s unprecedented investment in football is the result of our solid financial transparency and stands as a concrete example of how we are aiming to make football truly global,”
He added that “the resounding success of the FIFA World Cup 2022 in Qatar has been key to the organisation’s ability to fulfil its mission in relation to our member associations and the world of football, despite the multiple challenges we faced during the past cycle, not least the Covid-19 pandemic.”
The federation is expecting to earn US$11 billion in revenues during the 2023-2026 period, reported Sputnik.
The FIFA council was also updated on preparation for the 73rd FIFA Congress, which will take place on Thursday (February 16) in the Rwandan capital Kigali.
— Bernama
