Russia 2018 W/Cup: FIFA heading for sponsorship crisis

Posted on Apr 26 2017 - 4:57am by admin

FIFA are heading for a sponsorship situation a yr on from president Gianni Infantino’s first Congress at which he pledged to revive self belief following Sepp Blatter’s corrupt regime.

World football’s ruling physique made a lack of $ 369million (£289million) in 2016 and 23 backers still need to be found for a sponsorship variation that has 34 slots to fill.

Blue-chip companies corresponding to Castrol, Continental Tyres and Johnson & Johnson were lost, with no replacements emerging.

the biggest hole is on the 0.33 tier, which has 20 places available. just one has been brought on board, a Russian financial institution who’re understood to be paying well below the formidable, £7.8m asking price. Even a house World Cup subsequent 12 months has failed to draw significant Russian pastime.

FIFA’s very best hope of restoring their price range is to set plans in movement at the forthcoming Congress for a joint bid from the USA, Mexico and Canada to stage the 2026 World Cup. That means, large American companies would possibly come to the rescue.

meanwhile, nonetheless on the FIFA gravy teach is former FA chairman Geoff Thompson, who carries on receiving £seventy eight,000-a-year plus a day by day bills allowance for chairing the dispute resolution chamber, six years after he left the manager.

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