FIFA FINANCIAL REPORT SUBMITTED
The FIFA Executive Committee today submitted the financial report for the years 2007-2010 during a two-day meeting held in Zurich. The committee also decided on the hosts of eight FIFA competitions, including the FIFA Women’s World Cup 2015™, which will be held in Canada, and the slots per confederation for the 2014 FIFA World Cup™.
During the 2007-2010 four-year cycle, FIFA obtained revenue of USD 4,189 million, while the expenses amounted to USD 3,558 million, leading to an overall result of USD 631 million. This very positive result reflects the financial success of the 2010 FIFA World Cup™ in South Africa, which has allowed FIFA to continue with its development programmes and the organisation of football competitions and events. The financial result from this period has also helped to strengthen FIFA’s reserves (now amounting to USD 1,280 million), which is required by the FIFA Statutes and is also important in view of FIFA’s strong financial dependency on the FIFA World Cup™. The FIFA Financial Report is produced in accordance with IFRS (International Financial Reporting Standards) and can be read in its entirety on FIFA.com.