What has the pandemic cost world football?

Disruptions to tournaments and empty stadiums have had an effect on football associations around the world – and now a cost has been put on it by the world football governing body FIFA.

It says the pandemic is likely to cost world football some $14bn (£10bn) – about a third of its estimated value. 

Senior FIFA official Olli Rehn said clubs and member associations in Europe have had the biggest hit in absolute terms but associations in South America have suffered the most.

Rehn warned that the pandemic would also have an impact next year as well. 

FIFA has set up a $1.5bn relief fund to help member associations with grants and interest free loans.


Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button