Forgot Password

 

Register

 

Create your Connect ID

This will allow you to login to all DStv websites & applications




or
Login using
x

Email Reset

 




Loading...
Loading Live Scoring...
*All times CAT (GMT+2)

Football | FIFA World Cup

Spain © Action Images

World Cup 'was huge financial success'



Fifa President Sepp Blatter on Thursday hailed Africa's first World Cup in 2010 as a financial success, after it pushed the governing body's four-year revenues above $4 billion for the first time.

Blatter claimed it vindicated the choice of South Africa despite fears that the decision to bring football's biggest tournament to the continent was a financial risk.

"I am the happiest man to announce that the World Cup in South Africa was a huge, huge financial success for everybody, for Africa for South Africa, for Fifa," he told journalists after an executive committee meeting.

"For the first time in Fifa's four-year accounts we are over $4 billion."

Fifa, a non-profit association under Swiss law, earned $4.189 billion in its 2007 - 2010 financial period, with a surplus of $631 million, deputy secretary general and finance chief Markus Kattner said.

Eighty-seven percent of total revenues - $3.655 billion - over the period were related to the 2010 World Cup.

Traditionally the bulk of earnings are down to deals on broadcasting rights worldwide and marketing or sponsorship contracts.

"The sale of television and marketing rights was more successful than expected," Kattner underlined.

Last year alone revenues reached $1.29 billion with a surplus of 202 million.

Although the surplus is redistributed among footballing nations, over the past four years Fifa has nearly doubled its cash reserves to $1.28 billion.

Shop

Gerrard: My Autobiography
Steven Gerrard is a hero to millions, not only as the inspirational captain of Liverpool FC, but as a key member of the England team.
R152.00
Rafa: My Story
Revelatory memoir from the greatest sportsman in the world today.
R182.00
FIFA 14
Xbox 360
R549.00
Mitre Ultimatch Soccer Ball - White
A high quality football, offering high performance at both training and during football matches.
R252.00


Comments

More expert analysis and opinion from Sport24
The opinions expressed by Sport24 experts and bloggers are theirs alone, and do not necessarily represent those of SuperSport

Live Video Streaming

Fri, 18 Apr @ 05:00
Sun, 20 Apr @ 05:00
Sun, 20 Apr @ 08:45
Sun, 20 Apr @ 12:15

Sports Talk



Dr Errol Sweeney
Professional referees - is that the answer?
It seems this question has been around for a long time. In fact, I remember being asked it way back...

Iwedi Ojinmah
For Nigeria the noise will come
One just has to look at a map of Africa and South America to understand the special relationship...

Neil Tovey
Climbing the pyramid of success
The fact that an Al Ahly official said the club “have started negotiations with Oupa Manyisa”...

Segun Odegbami
Nigeria to win the 2014 World Cup!
If you were a betting man, who would you put your money on to win the 2014 World Cup? Or better...

Carol Radull
Respect your coaches please
I’m a little sick in the pit of my stomach over how Kenyan Premier Clubs are treating their coaches.

Calvin Emeka Onwuka
Liverpool staying the course
In an incredible atmosphere at Anfield, Liverpool kept up their relentless pursuit of Liverpool’s...