The Business of FIFA

You may have already guessed this, but there is big money in the sport of football. Just ask FIFA, who turned over nearly $1 billion in 2009.
June 14, 2010 5:44 by kippreport
With all that going in, what’s coming out? The key word here is money. FIFA World Cup winners will receive $30 million, runners-up $24 million, and third-place $20 million. Teams that go out in the group stage will each collect $8 million. In addition to the prize money, each participating association was granted $1 million as a contribution towards its preparation costs. Players will be paid $1,600 daily for the duration of the games.
All in all, FIFA budgeted $420 million to member associations and clubs for the 2010 World Cup, up significantly from the $261 million paid out for the 2006 World Cup Germany.
More on Cover Story
-
Qatar Airways expands fleet
-
Fast route to prosperity, say Middle East’s wealthy
-
Iranians put hopes for change in pragmatic insider
-
Facelift for Middle Eastern corporate culture
-
Sharjah Police: ‘Don’t give money to beggars’
-
Saudi Arabia plans to block WhatsApp within weeks
-
EgyptAir plane diverted after “fire” threat
-
MERS coronavirus claims another life
-
‘Seven-star’ promotion
-
Finances strengthening but risks in Dubai – IMF
-
Five most viewed financial products
-
Economic, social pressures behind Kuwait crackdown on foreign workers
-
‘Dubai embodies the essence and ethos of a World Expo’
-
Back to pre-crisis peak
-
Qatar PM to be replaced
-
Qatar Airways cancels Seychelles route
-
Twist and shout
-
Middle East on alert for pandemic
-
Deyaar builds on property plans
-
Dubai World unit sells UK asset to Brookfield
Lately on Kipp
-
Saudi Arabia Says MERS Coronavirus Kills Four More
-
Qatar Airways expands fleet
-
Fast route to prosperity, say Middle East’s wealthy
-
Pullman to have 150 hotels by 2020
-
Masdar Launches Wind Farm in Republic of Seychelles
-
Hawamdeh: Intellectual property and job specialization are key pillars to successful development of competitive local solutions
Sharjah Police: ‘Don’t give money to beggars’
Fighting the world’s biggest killer
Twist and shout
Smoking with child in car banned
“Your customers aren’t fools”
Behind the curtain of Simone Heng
Chatting with the man behind Dubai City Pass
A business discussion with the author of ‘Connect The Dots’

































