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European nations wanted more merit-based prize money
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High costs of travel and hotels will exceed Fifa payouts
A number of leading European countries still expect to lose money at the World Cup despite Fifa increasing the prize and participation fund by $112m (£82m) this week.
The main host federation, US Soccer, is also understood to be forecasting an operational loss on the tournament, although that will be more than offset by a projected $100m windfall from a revenue-sharing agreement from ticket sales with Fifa that will also benefit the two other co-hosts, Canada and Mexico.
Continue reading…European nations wanted more merit-based prize moneyHigh costs of travel and hotels will exceed Fifa payoutsA number of leading European countries still expect to lose money at the World Cup despite Fifa increasing the prize and participation fund by $112m (£82m) this week.The main host federation, US Soccer, is also understood to be forecasting an operational loss on the tournament, although that will be more than offset by a projected $100m windfall from a revenue-sharing agreement from ticket sales with Fifa that will also benefit the two other co-hosts, Canada and Mexico. Continue reading…
