Fifa announces record turnover of 7.6 billion dollars

by time news

Money flows freely within the international football federation And Gianni Infantino, its boss, can be proud. The Fifa Council approved its 2022 annual report on Tuesday, which highlights the record revenues of the world body: Fifa can boast, between 2019 and 2022, of a record turnover of… 7.6 billion of dollars (about 7 billion euros) during this cycle. And the future looks even brighter since she announces another figure: 11 billion dollars (approximately, 10.25 billion euros) should be earned during the period 2023-2026.

“Fifa’s unprecedented investment in football is the result of our strong financial transparency and is a concrete example of how we aim to make football truly global,” said President Gianni Infantino. “The resounding success of the FIFA World Cup 2022 in Qatar has been critical to the organization’s ability to deliver on its mission to our member associations and the footballing world, despite the multiple challenges facing we faced during the previous cycle, notably the Covid-19 pandemic. »

The president of Fifa, who will meet Emmanuel Macron in Paris this Wednesday, therefore displays an unblemished financial record. But that should not erase the many controversies that marred the 2022 World Cup in Qatar. Especially around the issue of human rights.

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