Beyond being an unforgettable tournament for football fans across the globe, the 2014 FIFA World Cup™ generated strong financial results that benefited the entire football community. FIFA’s Financial Report 2014 provides an overview of the recently concluded 2011-2014 budgetary cycle and outlines the distribution model that allowed FIFA to share the benefits from its main event between the participating teams, the host country and all other FIFA members.
Thanks to the success of the World Cup, FIFA was able to spend more than ever on football development all around the world, with more than USD 1 billion invested in a variety of projects in its 209 member associations and the six confederations. A significant part of this investment was channelled through two well-established FIFA programmes, with USD 214 million for the Financial Assistance Programme (FAP), which enables every member association to finance development programmes and football activities and many of them to simply carry out their daily work, and USD 123 million dedicated to the funding of 200 Goal projects across the globe focusing mainly on football infrastructure.
In addition, a number of new programmes were created to respond to the evolving and different needs of member associations. These new approaches include PERFORMANCE, a football management programme that provides associations with the knowledge and tools to be better administered and self-sufficient, the Challenger Programme, a tailor-made assistance programme for the poorest associations, the Win-Win Programme, a programme to foster revenue creation, and the Connect Programme, which aims to create a worldwide registration of all football stakeholders, including players.
Finally, thanks to the financial success of the World Cup, FIFA gave each member association an extraordinary FAP payment of USD 1.05 million and each confederation a payment of USD 7 million, for a total of USD 261 million that will be invested in football development at local level. All development funds are handled in accordance with the General Regulations for FIFA Development Programmes, which have been introduced to reinforce management and compliance, including strict rules for controls and audits.
Naturally, another important share of the revenue generated by the FIFA World Cup went to those most heavily involved: the participating teams, the clubs that released their players, and the host country. The contributions paid to participating teams – through prize money and support for their preparations – as well as to clubs set a new record with USD 476 million. Clubs also benefited from the introduction of the Club Protection Programme (CPP), which offers insurance to compensate clubs if their players are injured during any international “A” match. In total, USD 158 million went to clubs, most of them in Europe, through the CPP and the World Cup Club Benefit Programme.
Although the 2014 FIFA World Cup generated higher revenues than expected, costs were also significantly higher than budgeted. In total, FIFA spent more than USD 2.2 billion on the 2014 World Cup. This amount included a USD 453 million contribution to cover the entire Local Organising Committee budget as well as USD 370 million on TV production to continue offering the greatest football emotions to football fans all around the world.
In addition, with the aim of enabling the host country to continue to benefit from the tournament for years to come, FIFA created a USD 100 million Legacy Fund which will support football infrastructure development projects, youth football, women’s football as well as public health and social programmes.
The financial success of its flagship event also enabled FIFA to continue funding all of its other tournaments, including women’s and youth tournaments, as well as futsal and beach soccer competitions, all of which usually do not generate income and rely on World Cup revenue. Over the last four-year cycle, a total of USD 505 million was spent on other FIFA events.