Brazil World Cup helps FIFA record $2bn revenue
FIFA's latest financial records show that world football's governing body generated revenue of over $2billion in 2014 thanks to the World Cup in Brazil.
The tournament in South America proved a major cash generator for the organisation, with revenue and profits both climbing sharply.
Here are the key talking points:
- Total revenue for 2014 stands at $2.096bn, compared to $1.386bn in 2013
- Overall revenue for the four-year cycle from 2011 to 2014 stands at $5.718bn
- FIFA event-related revenue ($5.137bn) accounts for 90 per cent of total revenue for the four-year cycle
- Expenses for 2014 were also significantly higher, at £1.955bn up from $1.314bn from the previous year
- Profit for 2014 stands at $141million, with total profit between 2011 and 2014 reaching $338m
- FIFA now has $1.523bn in its total reserves
"This success underscores the huge appeal of FIFA's flagship tournament," FIFA said in its report.