FIFA World Cup 2022 Revenue Reaches $7.5 Billion in Commercial Deals

FIFA generated record revenue of $7.5 billion over four years of commercial deals linked to the 2022 World Cup in Qatar.

Thick Brush Stroke Image by gettyimage By Hina 11.20.2022

-soccer's governing body said on Sunday. This is $1 billion more than the previous business cycle associated with the 2018 World Cup in Russia.

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Additional income was raised from commercial deals with the World Cup host country. Third-tier sponsors Qatari bank QNB and telecoms firm Ooredoo.

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FIFA disclosed its earnings from its more than 200 members to the authorities. Qatar Energy joined as a top-level sponsor,

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FIFA also added tier-2 sponsorship deals this year from financial platform Crypto.com and a blockchain provider – its first new US sponsor in more than a decade.

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FIFA was prepared to use that cash to help members during the uncertainty in 2020 when national team soccer and World Cup qualifying games were almost completely shut down.

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Major broadcasting deals for this year's World Cup were signed during Sepp Blatter's presidency in two-tournament deals that included the Russia and Qatar tournaments.

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These include deals with Fox in the United States and, since 2011, Qatari broadcaster BeIN Sports.

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FIFA's revenue will increase to around $2.5 billion despite the COVID-19 pandemic.

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Revenue is expected to reach $10 billion over the next four years due to a new financial strategy-

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for women's soccer and an expanded 2026 World Cup in the United States, Canada and Mexico.

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