FIFA closed the year 2008 in accordance with IFRS with revenue of USD 957 million and expenses of USD 773 million. FIFA's net result was therefore USD 184 million.  

Article 67 of the FIFA Statutes states that:  

• FIFA's revenue and expenditure shall be managed in such a way that they balance over the financial period;  

• FIFA's major duties in the future shall be guaranteed through the creation of reserves.  

In comparison with previous years, FIFA's revenue increased in 2008, largely due to increased income from the marketing of rights as a result of new contracts.  

At the same time, expenses were reduced in comparison with 2007, as there was no additional expense incurred by legal disputes.  

As at 31 December 2008, FIFA had equity amounting to USD 902 million according to IFRS. Besides the annual result, the strong increase on the previous year is above all attributable to the strategy of hedging foreign currencies, which boosted FIFA's equity by USD 75 million.


At the halfway stage in the 2007-2010 period, FIFA had therefore already achieved its objective of increasing equity to at least USD 800 million by the end of 2010.  

Nevertheless, a definitive assessment of FIFA's equity can only be carried out once the 2010 FIFA World Cup™ has been successfully staged. Having sufficient equity is of great importance to FIFA's financial independence and to its ability to react to unexpected events. This is particularly vital in times of financial crisis.