Tuesday briefing: FIFA set to announce $15 billion World Cup revenue after tournament
Tuesday briefing: FIFA set to announce $15 billion World Cup revenue after tournament
IMAGO
21 July 2026 - 4:30 AM
FIFA are set to announce record revenues of $15 billion from this summer’s World Cup, according to a report from The Guardian, exceeding the governing body’s original forecast of $11 billion. Member associations were informed of the expected financial result by FIFA president Gianni Infantino on Saturday.
Higher-than-expected hospitality and ticketing income contributed to the increase, with sales on the secondary ticket market accounting for part of the rise. FIFA receives 15 per cent from both buyers and sellers on secondary market transactions.
Details of how the additional revenue will be distributed have yet to be confirmed, although national associations are expected to benefit.
Future hosting prospects
The prospect of increased funding could strengthen backing for Infantino as FIFA president among national federations.
The financial outcome may also improve the United States’ prospects of hosting another World Cup. The next available tournament for bidding is the 2038 edition, while the US has also held discussions with FIFA about staging the 2029 Club World Cup.
FC Barcelona raise €105 million through new ten-year bond issue
FC Barcelona have completed a €105 million senior secured bond issue with a fixed coupon of 5.14 per cent and a maturity date of October 2036, according to the club. The funds will be used to strengthen the club’s cash position and support the execution of its strategic plan as work continues on the Spotify Camp Nou redevelopment.
The club said the bond issue attracted demand worth more than twice the amount offered and was fully placed in under two hours with a selected group of US institutional investors, including insurance companies, investment funds and pension funds. Goldman Sachs acted as lead manager and placement agent for the transaction.
Barcelona said in the statement: “The success of the operation reinforces the confidence of international markets in the strength of the FC Barcelona project.” The club also said the market spread fell from 240 to 202 basis points compared with its previous bond issue.
Liquidity during stadium redevelopment
The latest financing comes as Barcelona continue work on the Espai Barça project. Reports have previously indicated the club could seek additional financing to cover construction cost overruns linked to the stadium development.
Barcelona reported net financial debt of €1.233 billion as of 30 June 2025, up 14 per cent year on year, while shareholders’ equity remained negative at €152.7 million.
Krause Group acquires majority stake in Casa Pia
Casa Pia AC have agreed a deal for US-based Krause Group to acquire a majority stake in the Portuguese club, with the transaction subject to the completion of formal and regulatory procedures. The club announced the agreement, describing it as a long-term investment that will preserve Casa Pia’s identity and values.
The acquisition adds Casa Pia to Krause Group’s multi-club ownership portfolio, which already includes Italian side Parma and US club Des Moines Menace. The group said the deal reflects its long-term commitment to football development in Europe.
Casa Pia said further details on the transaction and the club’s strategic direction will be announced once all formal and regulatory procedures have been completed.
Women's team part of investment
As part of the agreement, Krause Group will support the launch of Casa Pia’s senior women’s team. The investment is intended to expand opportunities in women’s football while continuing the club’s existing activities.
The club’s management will remain unchanged, with Tiago Lopes continuing as chief executive.
More than 200 FIFA members back Infantino for fourth presidential term
More than 200 of Fifa’s 211 member associations have formally endorsed Gianni Infantino for re-election as president, according to The Guardian, leaving him on course to secure a fourth term at the governing body’s congress in March. Only a small number of national associations have yet to submit letters of support, with Germany among the highest-profile exceptions.
Candidates must be nominated by 18 November, when letters of endorsement can still be withdrawn or reassigned. Infantino is currently the only declared candidate, although some member associations believe they have faced continued pressure from within FIFA to confirm their backing despite provisions in the organisation’s ethics code.
Dissatisfaction remains among some European football bodies following recent controversies, including FIFA’s handling of Folarin Balogun’s suspension. Discussions have taken place about the possibility of a Europe-backed challenger, but no alternative candidate has emerged.
European opposition
UEFA has disagreed with FIFA over several recent issues, including the Balogun case and the exclusion of Somali referee Omar Artan from the World Cup. However, it remains unclear whether Europe’s governing body would formally support a rival in the presidential election.
FIFA’s member associations are due to meet in New York on Saturday. Recent governance controversies are unlikely to feature prominently on the agenda, with the World Cup’s financial performance and potential distributions to member associations expected to receive greater attention.
Agreement reached for Royal Antwerp takeover by local consortium including Toby Alderweireld
Royal Antwerp have reached an agreement with the Gheysens family for the full takeover of the club by a consortium of Antwerp-based entrepreneurs that includes former Belgium international Toby Alderweireld and entrepreneur Wouter Vandenhaute. The club said the transaction marks the start of a new ownership chapter built around locally based shareholders with a long-term approach.
According to the club, the new owners intend to develop Royal Antwerp through financial discipline, sporting ambition and sustainable governance while maintaining the club's links with its supporters, the city of Antwerp and the wider community. The statement also confirmed that chief executive Sven Jaecques will remain in charge of the club's day-to-day operations.
Jacques Vandermeiren, who has been asked to assemble a new board of directors and is expected to become chairman, said: “This is the beginning of a new story... Royal Antwerp FC is much more than a football club. It connects people, businesses and generations of people from Antwerp.”
Club targets continuity
The club said it will continue to build on infrastructure investment and sporting progress made during the Gheysens family's ownership, while placing greater emphasis on talent development, sporting organisation and a healthy financial base.
Royal Antwerp also thanked the Gheysens family for their role in the club's recent development, saying their investment helped lay the foundations for a league title, domestic cup success, European football and the club's return as a leading force in Belgian football.
Boavista ordered to cease operations after missing creditor payment
Historic Portuguese club Boavista have been ordered to cease all activities and vacate their stadium Estádio do Bessa premises by 31 July after failing to make a required payment under the terms of the club’s insolvency process, according to Portuguese news agency Lusa.
The order follows the club’s failure to deposit funds intended to cover operating costs and obligations agreed with creditors.
The insolvency administrator said there was no expectation that the outstanding donation, or the payment required for the current month, would be transferred to the insolvency estate. The missed payment breached conditions approved at a creditors’ meeting in December 2025, under which the club’s continued operation depended on meeting monthly financial commitments.
The ruling requires all activities at the stadium and adjacent facilities to end, with the premises to be handed over “free from staff or property” on 31 July. Sporting activities may continue only until the end of the month before the club leaves the site.
Financial problems deepen
Boavista, Portuguese champions in 2000/01, have faced financial difficulties for several years. After returning to the Primeira Liga following relegation in the aftermath of the Apito Final match-fixing scandal, the Porto club were relegated again at the end of the 2024/25 season and were subsequently refused registration for Liga 2 and Liga 3.
The club instead entered the Porto district league but failed to complete the campaign while subject to a transfer ban. The Estádio do Bessa was previously put up for auction before an agreement with creditors delayed the insolvency process, although that arrangement has now collapsed after the latest missed payment.
Aleksander Čeferin skips World Cup final amid FIFA dispute
UEFA president Aleksander Čeferin did not attend the World Cup final between Spain and Argentina, in a move that reflects the worsening relationship between European football’s governing body and FIFA. The Times reported that the UEFA chief stayed away following the dispute over FIFA’s handling of Folarin Balogun’s suspension.
Čeferin, who is also a FIFA vice-president, would ordinarily be expected to attend the tournament’s showpiece event. His absence followed UEFA’s criticism of FIFA’s decision to defer Balogun’s suspension after a red card, allowing the United States striker to play against Belgium.
UEFA described the decision as “unprecedented, incomprehensible and unjustifiable” and said FIFA had “crossed a red line”. FIFA president Gianni Infantino has denied involvement after US president Donald Trump said he had discussed the case with him, while the decision was made by a single member of FIFA’s disciplinary committee.
Broader disagreements remain
The latest dispute adds to existing differences between UEFA and FIFA. UEFA opposes proposals to expand the World Cup from 48 to 64 teams, while Čeferin has also criticised ticket prices for the tournament and voiced concerns over several refereeing and VAR changes introduced for the competition.
Most FIFA Council members, including the English Football Association chair Debbie Hewitt, attended the final. The FA wrote privately to Infantino last month in support of his bid for re-election as FIFA president next year.
MLS commissioner leaves door open to future promotion and relegation but not for now
Major League Soccer (MLS) commissioner Don Garber says promotion and relegation could become part of the league in future, although he believes the model does not currently suit MLS. Garber said the competition would adopt the system if it eventually became the right fit, but argued the league’s current structure and investment profile make it impractical for now, according to AP.
Garber pointed to spending on stadiums, academies and player development as reasons why club owners are unlikely to support promotion and relegation at present. He highlighted New York City FC’s Etihad Park, due to open next July, as an example of the long-term infrastructure investment made across the league.
MLS launched in 1996 with 10 clubs and now has 30 operating in a closed system. San Diego became the latest expansion club after paying a reported US$500 million fee to enter the league in 2025. Garber said: “I will say this now that I wouldn’t have said five years ago, I never thought we’d change our calendar and we did. I never thought we’d have 30 teams and we do. I never thought we’d have 29 stadiums, and we will. I never thought we’d ever talk about promotion, relegation.”
Calendar changes and USL plans
MLS will switch to a summer-to-spring calendar from next year in a move designed to align more closely with leading European leagues. An abbreviated competition will be staged in early 2027 before the 2027/28 season begins in mid- to late July.
Meanwhile, the United Soccer League plans to launch the top-flight USL Premier in 2028, operating alongside the USL Championship and League One in a promotion and relegation system.