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Economics behind the FIFA World Cup Qatar 2022


Economics behind the FIFA World Cup Qatar 2022

Economics behind the FIFA World Cup:

⚽️FIFA managed to sell out all sponsorship packages for the FIFA World Cup Qatar 2022

?FIFA onboards seven FIFA Partners and seven FIFA World Cup global sponsors, while there are regional supporters as well in each of FIFA’s five regions – Europe, Asia-Pacific, MENA, North America and South America., which have also been contracted for the FIFA World Cup Qatar 2022

?As a result of the four years of commercial agreements related to the Qatar 2022 World Cup, FIFA saw record revenues of $7.5 billion

?The four-year (2019-22) income linked to the 2022 World Cup is $1 billion more than the previous commercial cycle linked to the 2018 World Cup in Russia

⚽️?The revenue is made up from 5 key components- Media Rights (56%), Sponsorship (29%), Hospitality rights and ticket sales, licensing rights and other revenue and income amount

?FIFA’s cash reserves will increase despite the COVID-19 outbreak to nearly $2.5 billion

?Thanks to a new financial plan for women’s soccer and the expanded 2026 World, revenues are anticipated to surpass the $10 billion mark over the next four years.

#sports #sportsbiz #sportsbusiness #sportssponsorship #sportsmarketing #partnerships #revenue #commercial #hospitality #ticket #sales #media #qatar #fifa #fifaworldcup #fifaworldcupqatar2022 #economics

NFL – The world’s most profitable sports league

?The NFL is the world’s most profitable sports league, bringing in an expected $20 billion in revenue this year alone.

?But tackle football participation is on a decline of over 40% over the past few years.

?The physical style of play is attractive but has its consequences. Over 300 NFL players have been diagnosed with Chronic Traumatic Encephalopathy (CET) and the league have had to pay nearly $1 billion in concussion settlements.

? So how is the NFL tackling this? ?? The answer is flag football. Flag football is a variant of American football where, instead of tackling players to the ground, the defensive team must remove a flag or flag belt from the ball carrier to end a down ??The NFL is now investing millions in flag football each year. – It is less physical and safer – It is easier to play – It is cheaper – It has more chances of going global

? NFL is slowly pushing for an Olympic charter with flag football as they intend to reach 50mn international fans.

What do you make of this move?

Source: Huddle Up

#sports #sportsbiz #sportsbusiness #football #americanfootball #flagfootball #investing #future #fans #commercial

FPL continues to grow

?Popular fantasy game- Fantasy Premier League (FPL) has grown to 10.7m users this season, up 1.6m over the 2021/22 season (+18%).

?The previous record growth was seen in 2019/20, of 1.3m additional users vs. the prior season. (Source: Tifosy Capital & Advisory)

⚽️FPL has proved to be one of the best fan engagement tools for The Premier League. ?It gets people hooked on to even the most boring games. ?It gets people talking about the games ?It has led to multiple content creators ?Engages fans throughout the week as they consume FPL content and talk about the league across social media channels ?Sports fans love to compete. FPL mini leagues and contests make the game even more fun

?It has also opened another avenue for the league to engage commercial partners (existing league partners or platform specific).

#sports #sportsbiz #sportsbusiness #fantasysports #fantasygaming #fantasyfootball #fantasypremierleague #premierleague #content #fans #fanengagement #engagement #commercial #growth #socialmedia

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