FIFA is the international governing body of association football, beach football, and Futsal. It was founded on 21 May 1904. It has a membership of 211 national associations. Gianni Infantino is the President of FIFA. AFC, CAF, CONCACAF, CONMEBOL, OFC, and UEFA are the subsidiaries of FIFA. The headquarters of FIFA is located in Zürich, Switzerland. 751 staff members are working for them. There are many objectives of FIFA including growing association football internationally, providing efforts to ensure it is accessible to everyone, and advocating for integrity and fair play. FIFA has organized and promoted association football tournaments such as the World Cup, which commenced in 1930. FIFA World Cup has helped the federation to earn revenue billions throughout the years. It has organized many association football competitions such as FIFA World Cup, Men’s Olympic Football Tournament, FIFA U-20 World Cup, FIFA Futsal World Cup, FIFA Beach Soccer World Cup, etc. It has also organized the same competition for Women as well. For the clubs, FIFA organized FIFA Club World Cup in 2000 for the first time. Apart from these, let’s have a look at FIFA Net Worth in 2024, Annual Income, and World Cup Income.
FIFA Net Worth 2024
FIFA’s net worth in 2024 is estimated to be over 3.5 billion. FIFA has generated the amount through many competitions they have organized throughout the year, especially via the FIFA World Cup 2022 in Qatar. They earned millions through television rights and sales. The estimated amount is more than what FIFA had in previous years. This whole year has been very profitable for the federation.
Also Read: Cristiano Ronaldo Net Worth, Contract and Annual Income, Endorsements, House and Cars.
FIFA Annual Income
FIFA In 2022 had a budget of USD 4,666 million. The five most significant factors that helped the federation are Television Rights (which have contributed up to 56% of the budget), Marketing Rights, Licensing Rights, Hospitality Rights, and Ticket Sales.
Television Rights contributed $2,640 million, Marketing Rights contributed $1,353 million, Licensing Rights contributed $140 million, and Hospitality Rights and Ticket sales contributed $500 million.
The Organization even received $33 million from other revenue sources. FIFA has major brands such as Adidas, Coca-Cola, Hyundai-Kia, Qatar Airways, Qatar Energy, Visa and Wanda Group as partners. The organization has earned millions through these brands via advertisment rights.
FIFA World Cup Income
FIFA earned a record $7.5 billion in revenue from the 2022 Qatar FIFA World Cup. It is $1 billion more than the income that it earned in the 2018 FIFA World Cup In Russia. Even the game FIFA 2022 has helped the organization earn millions through its sale. The organization’s revenue is expected to reach over
$10 billion for the next four years thanks to a new financial strategy for women’s football and the expanded 2026 World Cup in the US, Canada, and Mexico, which will see 48 teams compete for the first time, up from the present 32.
The organization has earned the amount through major broadcasting deals with Fox in The USA, BeIN sports in Qatar, Sports 18, and Jio Cinema In India.
One of the major sponsorship deals with QatarEnergy and Qatar Airways has helped the organization to earn through the tournament. FIFA World Cup 2022 has bagged sponsorship deals with major brands such as Anheuser-Busch InBev, Byju’s, Crypto.com, Hisense, McDonald’s, Mengniu Dairy, and Vivo. The tournament earned millions through these deals
Thank you for reading it. Leave us a comment if you liked it.
Do follow us on: Google News | Facebook | Instagram | Twitter | Youtube | LinkedIn
Have a good day ahead 🙂
