Fifa to announce record $15bn World Cup revenue, smashing expectations

Hospitality and secondary ticket market help fuel riseGianni Infantino will feel this shores up his positionFifa will announce record $15bn (£11.2bn) revenues from this summer’s World Cup, significantly exceeding the targets set before the tournament.Fifa’s member associations were informed of the boost in income by Gianni Infantino on Saturday. Originally the governing body had projected $11bn in earnings. Sources have indicated that hospitality and ticketing, especially through the steeply priced secondary market, account for a significant amount of the increase.

Fifa takes 15% from the buyer and another 15% from the seller on the secondary market. Continue reading...