Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

FIFA profit from World Cup in South Africa

Fri 4th Mar 2011 | FIFA

FIFA, world football’s governing body made a profit of around USD 613m for the four-year period 2007-2010.

The announcement of the profit was made during a two-day meeting held in Zurich on 2 and 3 March, in which they revealed total revenues of USD 4,189 million, with expenses amounting to USD 3,558 million, leading to an overall result of USD 631 million.

The financial result from this period has also helped to strengthen FIFA’s reserves (now amounting to USD 1,280 million), which is required by the FIFA Statutes and is also important in view of FIFA’s strong financial dependency on the FIFA World Cup™.

A statement on FIFA.com read; “This very positive result reflects the financial success of the 2010 FIFA World Cup™ in South Africa, which has allowed FIFA to continue with its development programmes and the organisation of football competitions and events.

The results showed that 87% of its USD 4.189 million turnover was generated by the 2010 World Cup in South Africa and that profits have grown steadily from USD 49 million in 2007 to USD 202 million in 2010.

“FIFA is financially strong and dependent on the World Cup,” said director of finance Markus Kattner. “This illustrates the necessity for FIFA to build up and have sufficient reserves to decrease its dependency on the World Cup.”





If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

FIFA Publishes Financial Reports For 2016

Fri 7th Apr 2017 | FIFA

FIFA has published its Financial , Governance and Activity Reports for 2016. The Reports mark a landmark year in the history of FIFA, with the approval of much-needed governance reforms after a period...

Intermediaries Involved In Two Thirds of English Transfers

Thu 24th Nov 2016 | FIFA

From 2013 to date, English clubs had the most transfers involving engaging club intermediaries - 905, representing 37.7% of all incoming transfers to England. The report compiled by FIFA Transfer...

Joyce Cook Appointed As FIFA’s Chief Member Associations Officer

Thu 13th Oct 2016 | FIFA

A passionate advocate of equality and inclusion in sports, Joyce Cook will take up the role of FIFA Chief Member Associations Officer on 1 November 2016. This position was created as part of the...

FIFA Appoint Marco van Basten In Technical Development Role

Fri 23rd Sep 2016 | FIFA

Former Dutch football international Marco van Basten has been appointed as FIFA Chief Officer for Technical Development. The role, which he officially starts next week, will see van Basten head up all...