Infantino oversees record FIFA profits – English clubs cash in on this development
25 March 2019
FIFA profits surpass $1 billion for the first time. High growth in licensing, but marketing and ticket sales remain flat.
$209 million to be delivered to clubs worldwide, with English clubs receiving three times as much as they did last time.
Just 67 per cent of $1.1 billion bumper ‘entitlements’ paid out to member associations, with Africa and Asia failing to claim their share.
FIFA has recorded a record $1.2 billion profit for its latest four-year cycle, with profit growth of 255 per cent driven by stable costs and high growth in licensing.
In what its financial committee chairman described as a “rollercoaster of a financial cycle”, FIFA delivered record revenues of $6.398 billion, up 12 per cent in 2011-14. But with costs remaining flat, a bumper profit was secured.
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