• ABOUT
  • GLOBAL NETWORK
  • EVENTS
  • INSIGHT
  • CONTACT
Menu
  • ABOUT
  • GLOBAL NETWORK
  • EVENTS
  • INSIGHT
  • CONTACT
Football, Connected
  • Clubs & Rightsholders
  • Commercial & Sponsorship
  • Finance & Regulation
  • Broadcasting & New Media
  • Performance
  • Stadia & Major Events
  • Social Responsibility
Menu
  • Clubs & Rightsholders
  • Commercial & Sponsorship
  • Finance & Regulation
  • Broadcasting & New Media
  • Performance
  • Stadia & Major Events
  • Social Responsibility
Football, Connected

FIFA CLAIMS BIENNIAL WORLD CUPS WILL GENERATE US$4.4BN IN ADDITIONAL REVENUE

December 17, 2021
|
Broadcasting & New Media,Clubs & Rightsholders,Commercial & Sponsorship,Performance, Academies & Youth Development,Stadia & Major Events
Fifa president Gianni Infantino believes a majority of countries would be in favour of biennial World Cups if he called a snap vote.

The leaders of 207 national federations were told on 20th December that switching to World Cups every two years would increase revenues by US$4.4 billion across a four-year cycle.

The hugely controversial proposal is part of wider reform of the international calendar put forward by soccer’s global governing body. Infantino and Fifa’s chief of global football development Arsene Wenger hope the new calendar from 2024 will create more meaningful national team soccer globally and bridge the financial gap between Europe and the rest of the world.

Infantino continues to hope a consensus can be reached on all the components of a new calendar, which seems optimistic given the fierce opposition to the plans in Europe and South America.

Uefa president Aleksander Ceferin has previously said European countries could boycott the World Cup if it was staged every two years, and the confederation is already planning for European Championships in 2028 and 2032 which would clash with World Cups under Fifa’s proposals.

However, Infantino is already confident there is support for increasing the frequency of World Cups if that single issue was put to a vote of all the national associations.

“If I was going to a [Congress] vote tomorrow probably the majority would vote in favour of World Cups every two years,” he said.

“But we are looking at the entire calendar. We are looking at how we can make football better and we’re looking at how many we can bring on board with a new way of organising football in the future.

“We continue the dialogue, we continue the analysis, we hope that we can make progress one way or the other, or some middle way.”

Fifa was mandated to conduct a feasibility study into biennial men’s and women’s World Cups by Congress in May, following a proposal pitched by the Saudi Arabian federation.

Infantino believes the studies from Nielsen and OpenEconomics presented to the national associations on Monday demonstrate that “not only is [a World Cup every two years] feasible from a sporting point of view, the economic return is obviously very strong”.

Nielsen predicted that playing two World Cups in a four-year period would lift revenues from US$7 billion to US$11.4 billion. The increased revenue would be made up of gate receipts, media rights and sponsorship.

Based on those figures, Fifa told delegates that US$3.5 billion of the extra revenue generated in the first cycle of the new calendar would be put into a member association solidarity fund.

It concludes that on average each member association would benefit to the tune of an extra US$16 million every four years from the solidarity fund, with Fifa Forward funding also set to go up from US$6 million to US$9 million every four years.

OpenEconomics estimated the new calendar would have macroeconomic benefits of US$180 billion over 16 years, an increase of US$80 billion compared to retaining the status quo.

Infantino would not commit to any timescales to put any element of the calendar proposals to a vote, with the next scheduled Fifa Congress due to take place in Doha on 31st March next year.

RELATED ARTICLES

Lewes FC vs Manchester Utd

Lewes FC vs Manchester Utd

MANCHESTER CITY UNVEILS CONCEPTS FOR AN ENTERTAINMENT DESTINATION

MANCHESTER CITY UNVEILS CONCEPTS FOR AN ENTERTAINMENT DESTINATION

SiS ANNOUNCE PARTNERSHIP WITH OGC NICE

ORANGE COUNTY PARTNERS WITH FEYENOORD 

ORANGE COUNTY PARTNERS WITH FEYENOORD

SHARE ON

SOCCEREX INSIGHT PARTNERSHIPS

FIND OUT HOW TO GET INVOLVED IN SOCCEREX’S DIGITAL INSIGHT

Find out more

The latest commerical details, groundbreaking interviews and industry analysis, free, straight to your inbox.

Sign up today to receive the newsletter.

Subscribe now

SOCCEREX REPORTS

With the increasing value being attributed to young players, this report provides insight into the hottest prospects on the market.

Read the latest edition

Soccerex Football Finance 100 is an exclusive annual report that compiles a ranking of the world’s most financially powerful clubs.

Read the latest edition

@SOCCEREX

Follow us on twitter to receive our latest market insight, industry interviews and news about our upcoming events.

Follow us on Twitter

Soccerex LLC
2333 Ponce de Leon Blvd
Suite 630
Coral Gables
Miami, FL 33134

The Soccerex Newsletter
Subscribe Now
Contact Us

Powered by Digital Host

  • ABOUT
  • GLOBAL NETWORK
  • EVENTS
  • INSIGHT
  • CONTACT
  • ABOUT
  • GLOBAL NETWORK
  • EVENTS
  • INSIGHT
  • CONTACT
Thank you for your interest in Soccerex. Please fill out the form below or email us at enquiries@soccerex-llc.websitepro-staging.com
Thank you for your interest in Soccerex. Please fill out the form below or email us at enquiries@soccerex-llc.websitepro-staging.com
Contact Form v2