Rio de Janeiro, January 19, 2012 (MAP)
Rio de Janeiro, January 19, 2012 (MAP)
The FIFA is hoping to achieve a profit of $200 million (155 million euros) during the 2014 World Cup in Brazil, FIFA secretary general Jerome Valcke said on Thursday.
“The 2014 World Cup should bring in $3,500 million, while expenditure should reach $3,300 million in the same period. FIFA will thus achieve a positive result of $200 million,” estimated Valcke.
This figure is below the estimated $4,100m generated during the 2010 World Cup in South Africa.
“Eighty percent of the money we receive goes back into football in the form of financial aid,” said Valcke, who is undertaking the first of six visits planned this year to check on the progress of preparations for the 2014 tournament.
