Categories: Football

FIFA presents two reports in favor of the biennial World Cup

Two independent feasibility studies point to a notable improvement in the football economy of the 211 member federations of the FIFA to be held on world every two years. Both reports were presented by FIFA to all associations at the Global Summit held online.

The findings of these reports, carried out by Nielsen Sports and OpenEconomics, were presented at the Future of Soccer Summit held virtually in front of 207 of the 210 potential member associations in attendance. The summit is FIFA’s last step in the consultation process on the future of football and aims to anticipate the expiration of the men’s and women’s international calendars in 2023 and 2024, respectively.

According to these reports, hosting the FIFA World Cup every two years would bring a combined additional benefit of 3.5 billion euros over the first four-year period, funds to be distributed among the 211 member associations.

This additional income would increase the current € 5.3 million per cycle of solidarity funds to reach € 22 million per FIFA member association during the first four-year cycle.

These 22 million would be distributed as follows:

1. A solidarity fund of € 3 billion, the income of which would be shared among all member associations, allowing a capital injection of up to € 16 million per federation without losing the ability to mitigate any losses incurred by member associations. due to changes in the international match schedule.

2. A 50% increase in the distribution by member federation of the FIFA Forward Program, reaching almost 8 million euros per cycle.

Now FIFA has summoned the 211 associations for March 31, the day before the draw for the Qatar World Cup. UEFA continues to be the great obstacle for this World Cup every two years, although CONMEBOL has also shown its opposition to the biannual World Cup event.

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Gabby Barker

Gabby is someone who is interested in all types of sports, she loves to attend watching matches live. Whenever there is a match being played in her city, she makes sure to get the tickets in advance. Due to the love for sports, she joined Sportsfinding, and started writing general sports news. Apart from writing the news, she is also the editor for the website who checks and edits every news content before they go live.

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