Saturday, June 3, 2023

FIFA is a billionaire, it exceeded its budget by 19 billion pesos

Football may be in trouble. arbitration issues. Players who don’t get paid. Violation of human rights.

But FIFA keeps on winning and making lots of money.

FIFA held its congress before the final qatar world cup 2022Announces that his coffers are very full, and also squanders money.

This year, the International Federation of Association Soccer’s income reached $7.5 billion (148 billion pesos), one billion (19 billion pesos) over budget.

Council in view of this FIFAApproved that for the 2023-2006 cycle, which will end with the World Cup to be held in the United States-Mexico-Canada, invest 9,700 (191 billion pesos).

and is expected to generate 11 billion dollars (217 billion pesos).

money everywhere.

crorepati fifa

FIFA announced that more than 148 billion pesos of income In this period which ended with the World Cup in Qatar 2022.

Most read in sports

In what is the money generated by FIFA under the command of Gianni Infantino invested?

$200 million (3957 million pesos) fund has been created for talent development program Directed by French Arsene Wenger, former coach of Arsenal in England.

The rest of the money is invested in operations, donations to various causes, and supporting less wealthy associations.

FIFA President Gianni Infantino (AP)

Gianni infantino is immortal in fifa

Gianni Infantino He also announced that he would remain FIFA President until 2031, as he is in his first term, according to the assurances he has given.

Swiss Gianni Infantino arrived at FIFA in 2015 instead of Josep Blatter, and He was re-elected on June 5, 2019 as the sole candidate.

According to FIFA, Infantino replaced Cameroonian Issa Hayatou as FIFA president, but he was in an interim capacity, so those three years did not count as a normal term.

So Infantino assured that he is in his first term and will be re-elected as President of Rwanda on March 16, 2023 as he is the only candidate for the post.

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