FIFA says it has made record money from the World Cup in Qatar

FIFA has told officials in more than 200 of its member countries that they earned record revenues of £6.3bn during the four-year cycle between the 2018 World Cup in Russia and the World Cup in Qatar. FIFA has come under fire for allowing Qatar to host this year’s tournament, and the first match of the competition between the host nation and Ecuador will be played on Sunday.

According to the The New HeraldFIFA’s revenue came down to business deals tied to the Qatar World Cup and is worth £840 million more than the amount they made during the period related to the Russia tournament.

The hosts of this year’s World Cup were responsible for some of the extra money FIFA received after Qatar Energy joined as a Tier 1 sponsor, while bank QNB became a Tier 3 sponsor, as did the telecommunications company Ooredoo.

FIFA has also agreed second-tier sponsorship packages with financial platform and a blockchain provider. Meanwhile, former president Joseph Blatter was responsible for signing key broadcast deals with US broadcaster Fox and Qatari organization BeIN Sports as part of a two-tournament package that included the World Cup in Russia.

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Qatar has faced heavy criticism ahead of the World Cup over its human rights, its treatment of migrant workers and its stance on same-sex relationships. And when they were awarded the World Cup in 2010, they didn’t have a single stadium in their country.

But the Middle Eastern country is looking to stage a spectacular tournament in front of the watchful eyes of the world. Brazil enters the World Cup as favorites after losing just one match since 2019, while Argentina, Germany, France, England and Spain will also be looking to be in the silver medal mix.

England enters the tournament in dismal form having failed to win any of their last six games. And they didn’t find the back of the net in four of those encounters. But Gareth Southgate’s side have topped their qualifying group and will be looking to open their World Cup campaign with a win on Monday when they take on Iran.

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