What are the benefits of hosting the FIFA World Cup?

What are the benefits of hosting the FIFA World Cup?

It also pays prize money to the participating nations, accounts for the travel and accommodation of players, and supports staff and match officials. Also, it makes available for the host country a FIFA World Cup legacy fund to be used in the future for the development of the game in the country.

Why is FIFA so powerful?

According to the official website, FIFA aims to "promote the game of football, protect its integrity, and bring the game to all." Although it is a nonprofit organization that invests most of its earnings back into the development of the game, FIFA also has tremendous earning power.

How does FIFA make money?

The World Cup is not just one of the biggest sports events in the world, but it is also a major source of FIFA’s revenue. FIFA gains a lot from this and other events by selling television rights, marketing rights, and licensing rights, as well as revenue from ticket sales.

What is FIFA and how does it work?

FIFA sells licensing rights to television stations and broadcasting institutions, permitting them to broadcast football games and related events in particular regions. Because football is immensely popular throughout the world, competition among broadcasters for licensing rights can be fierce.