The Canadian Press - ONLINE EDITION

FIFA to give members, continental bodies $200M in bonuses from World Cup revenues

  • Print

SAO PAULO - FIFA plans to pay out $200 million in total bonuses to its national members and confederations from its World Cup revenue of an estimated $4.5 billion.

Each of the 209 member countries will get $250,000 this month and should get a further $500,000 early next year, FIFA's finance director Markus Kattner told the governing body's congress Wednesday.

The six continental bodies will get $2.5 million this month and $4.5 million more next year.

Kattner said the bonuses must be approved by independent audit panel chairman Domenico Scala, but that there is no reason to think the extra payments won't be made.

The planned bonuses are a $200,000 raise compared to the payments made after the 2010 World Cup when each FIFA member got a total of $550,000. Then, the six confederations received a total of $5 million each.

FIFA expects improved revenue of $4.5 billion for the four-year commercial cycle tied to the 2014 World Cup. It had budgeted to earn $3.8 billion.

Kattner said FIFA expects to earn $5 billion in the cycle leading to the 2018 World Cup.

A total of $2.7 billion should come from broadcasting rights sales, and $2.3 billion from sponsors and licensing.

FIFA has budgeted to spend $4.9 billion through 2018, with $100 million added to its reserves.

FIFA's reserve fund is currently more than $1.4 billion.

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.