Re:Rise of the American Professional Sports Cartel
by adventured on Sunday June 22, 2014 @04:52AM
(#7927282)
It's exactly what you'd expect:
"The 2010 World Cup generated $3.66 billion in revenue for FIFA while expenses equaled just $1.30 billion according to their own financial documents. That is a nice little profit of $2.36 billion, up 7.3% from 2006 and 22.8% from 2002."
"If the 2014 World Cup shows a similar rate of increase, FIFA will profit approximately $2.61 billion from the tournament."
"The 2010 World Cup generated $3.66 billion in revenue for FIFA while expenses equaled just $1.30 billion according to their own financial documents. That is a nice little profit of $2.36 billion, up 7.3% from 2006 and 22.8% from 2002."
"If the 2014 World Cup shows a similar rate of increase, FIFA will profit approximately $2.61 billion from the tournament."
http://www.businessinsider.com/fifa-profit-world-cup-2014-6