FIFA has revealed a record revenue of $7.5bn generated by the four-year cycle of the Qatar World Cup, surpassing the $6.4bn generated by the previous cycle in Russia.
The increase was attributed to deals with sponsors such as Qatar Energy, QNB, Ooredoo, and crypto.
com, as well as reduced costs due to the tournament's compact nature.
The revenue boost was announced by FIFA president Gianni Infantino to over 200 national associations.
FIFA announced that the Qatar World Cup has boosted its revenue by over $1bn, generating a total of $7.5bn for the four-year cycle from 2018 to 2022.
The revenue increase was attributed to recent sponsorship deals, including Qatar Energy as a tournament partner, and reduced costs due to the tournament's compact nature.
FIFA president Gianni Infantino shared the news with over 200 national associations.
While The Guardian emphasized the revenue increase as a result of sponsorships and reduced costs, Al Jazeera highlighted the addition of new sponsors, such as crypto.
com and Algorand, to FIFA's second-tier sponsor deals, its first new American sponsor in more than a decade.