• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

FIFA revenue hit $7.5bn for Qatar 2022 cycles as late signings complete sponsor roster

3 years ago
in Features, highlights, Home, home-news, latest News, Lifestyle, Sports
1 min read
0 0
0
57
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

FIFA revenue hit $7.5bn for Qatar 2022 cycles as late signings complete sponsor roster

A steady stream of controversy hasn’t stopped FIFA from earning an incredible sum from this year’s World Cup in Qatar.

Fifa’s revenues for the four-year cycle around the 2022 World Cup are expected to be more than $1bn (€977m) greater than projected, as it filled the sponsorship portfolio with three late additions.

Speaking at the Fifa Executive Summit on the eve of Qatar 2022 on Sunday, Fifa president Gianni Infantino outlined the increased expectations from the cycle leading into the tournament.

Football’s global governing body said that it banked a record $7.5 billion in commercial deals for the four years associated with this World Cup.

That sum represents an increase of more than $1 billion from the four-year cycle associated with the 2018 World Cup in Russia.

Sponsors from host country Qatar helped drive revenue with Qatar Energy being a top-tier sponsor of the tournament, while bank QNB and telecom company Ooredoo are third-tier.

RelatedPosts

Chamber of Agribusiness Calls for Sector-Wide Price Cuts and Urgent Government Support to Curb Food Crisis

The Perils of Market Interventionism: When Political Pressures Threatens Ghana’s Economic Gains – The Way Forward

GAB Projects Drop in Lending Rates Starting August 6 Following BoG’s 300bps Policy Rate Cut

FIFA’s reserves will reach around $2.5 billion with the tournament target which could reach over 5 billion viewers, more than 60% of the world’s population.

Amidst the record revenue generation,  a lot of controversies have plagued the global showdown in Qatar with the most recent one being the nature of the media coverage and treatment of media members which have both received ample negative attention in the tournament’s early stages.

Writer Grant Wahl said he was detained and had his phone temporarily confiscated for refusing to take off a shirt that showed a soccer ball surrounded by a circular rainbow. Security officials said the shirt was political and could lead to issues in Qatar, where homosexuality is illegal.

New York Times reporter Andrew Das was also briefly detained after Wahl told him what was happening in the middle of the incident.

Fox, which holds English-language rights to the World Cup in the U.S., has received broad criticism for ignoring Qatar’s human rights issues amidst all the allegations levelled against them.

England and other countries who wanted to protest against human rights abuse in the Middle East country have called it quit as FIFA instructed that any player who wears the One Love armband which symbolises the concerns of the LGBT community during matches be yellow carded even before kickoff.

Tags: FIFAFIFA revenue hit $7.5bn for Qatar 2022 cycles as late signings complete sponsor rosterQatar World Cup
No Result
View All Result

Highlights

Local Bourse Rallies Strongly as GSE-CI Hits Near 7,000 Mark

Treasury Exceeds Auction Target of GHS 3.86 Billion Amid Tightening Yields

BoG Raises GHS 15.38 Billion via 56-Day Bills to Reinforce Tight Monetary Policy Stance

Passage of Competition Law Key to Tackling DSTV’s Market Dominance – CUTS International

Why Are Interest Rates Still High? The MPR vs Market Rates Debate

Climate Change Is Making Africa’s Debt Burden Worse – New Debt Contracts Could Help

Trending

Agribusiness

Chamber of Agribusiness Calls for Sector-Wide Price Cuts and Urgent Government Support to Curb Food Crisis

August 4, 2025

Chamber of Agribusiness Calls for Sector-Wide Price Cuts and Urgent Government Support to Curb Food Crisis The...

The Perils of Market Interventionism: When Political Pressures Threatens Ghana’s Economic Gains – The Way Forward

August 4, 2025

GAB Projects Drop in Lending Rates Starting August 6 Following BoG’s 300bps Policy Rate Cut

August 4, 2025

Local Bourse Rallies Strongly as GSE-CI Hits Near 7,000 Mark

August 4, 2025

Treasury Exceeds Auction Target of GHS 3.86 Billion Amid Tightening Yields

August 4, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.