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2022-11-20 19:46:29

FIFA earns $7.5b for Qatar World Cup period

Online Desk

FIFA earns $7.5b for Qatar World Cup period

FIFA earned record revenues of $7.5 billion in the four years of commercial deals tied to the 2022 World Cup in the gulf country Qatar, reports AP.

The world football association revealed the information on Sunday to officials from more than 200 members.

It is $1 billion more than income from the previous commercial cycle linked to the 2018 World Cup in Russia.

According to FIFA, the additional income was buoyed by commercial deals with the World Cup host country.

Qatar Energy joined as a top-tier sponsor and new third-tier sponsors include Qatari bank QNB and telecoms firm Ooredoo.

Most broadcast deals for this World Cup were signed in 2011 during former president Sepp Blatter’s tenure in two-tournament deals that included the Russia and Qatar tournaments.

Bd-pratidin English/Golam Rosul

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