FIFA: revenues of €682m in 2019, pre-tax target of €85m for 2019-2022 despite Covid-19

"The results for 2019 - the first year of the 2019-2022 cycle - show that FIFA consolidated its solid financial position and was performing well within budget, with a higher revenue than forecast ($766m/€682m instead of $722m/€643m) and all expense categories under control ($1.046bn/€931m in expenditure versus $1.226bn/€1.091bn provided for in the estimated budget)," announced the International Federation on 19/08/2020.

FIFA is presenting its Annual Report 2019 (see link below), which will be submitted for approval at the 70^th Congress, initially scheduled to take place in Addis Ababa (ETH) but which will now be held via a videoconference from Zurich (SUI) on Friday 18/09/2020.

"Thanks to this strong financial footing, the organisation is in a position to provide much-needed support to the football community during the unprecedented crisis caused by the Covid-19 pandemic," added the international body, which will also present its 2019-2022 budget revised in light of the pandemic (see document available to download), which does not call into question its confirmed pre-tax profit…