Qatar World Cup helps FIFA earn record revenue of $7.5bn

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Mon, 2022-11-21 14:09

RIYADH: FIFA earned record revenues of $7.5 billion through commercial deals tied to the World Cup, the governing body of soccer has revealed.

Just hours before the opening ceremony in Qatar on Nov. 20, FIFA announced that three more firms – YouTube, Visit Las Vegas and Fine Hygienic Holding – had joined the long list of third-tier sponsors of the World Cup, Bloomberg reported.

The report further noted that Qatar World Cup has helped FIFA earn $1 billion more when compared to the previous four-year cycle associated with the Russian World Cup in 2018.

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