FIFA has told its member associations that it has generated “record revenues” of $7.5 billion in 4 years from commercial deals linked to the 2022 World Cup in Qatar.
FIFA disclosed its earnings on Sunday to officials from its more than 200 members.
This amount increases by one billion dollars over the proceeds of the previous edition of the World Cup, which was held in Russia in 2018.
Revenues increased thanks to commercial deals concluded with the World Cup host country, and Qatar Energy Company joined the list of first-class sponsors.
New tier 3 sponsors include Qatar National Bank and telecom company Ooredoo.
Most of the broadcast deals for the 2022 World Cup were concluded in 2011 during Joseph Blatter’s presidency of FIFA. These agreements included the Russian and Qatar championships.
FIFA World Cup 2022 The 22nd edition of the FIFA World Cup will be held every four years in Qatar. It will feature national soccer teams from around the world.
It will be hosted by Qatar from November 20 to December 18, 2022. This will be the first World Cup to be held in the Arab world and the second to be held in Asia. This is after the 2002 edition that was played in South Korea and Japan.
This is the seventh and last edition of the World Cup in which 32 teams participate (this has been since the 1998 World Cup).