FIFA investment exceeds 2 billion dollars
In a statement released by FIFA, it was noted that investments made for the development of football have seen a sevenfold increase compared to the programs in place before 2016.
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FIFA President Gianni Infantino, speaking after a meeting held online in Zurich, Switzerland, stated, "Thanks to sound financial management, FIFA is on track to exceed its budget target of 11 billion dollars for the 2023-2026 period.
This means we can provide more services to our 211 member associations to help them carry out development and training projects and take football to the next level."
SPECIAL PROJECTS ARE BEING FINANCED
The report, which states that FIFA generated 1.17 billion dollars in revenue in the first year of the 2023-2026 period, noted that 23 percent of this revenue came from broadcasting, 39 percent from marketing, 15 percent from licensing rights, 7 percent from hospitality rights and tickets, and 16 percent from other items.
The report emphasized that approximately 2.8 billion dollars in support was provided to 211 FIFA member associations, 6 confederations, and various regional unions between 2016 and 2022, and shared the information that more than 1,600 special projects with long-term impacts on the development of football have been financed.