FIFA revenue hits $7.5BN for the Qatar World Cup period

Oatar's DOHA (AP) - In the four years of commercial agreements related to the 2022 World Cup in Qatar,

FIFA has reported to member federations that it generated record revenues of $7.5 billion.

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On Sunday, FIFA gave officials from more than 200 members a financial update

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It represents a $1 billion increase above revenue from the last commercial cycle related to the Russia 2018 World Cup.

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Commercial agreements with the nation hosting the World Cup helped to boost the additional revenue.

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In addition to new third-tier sponsors like Oatari bank ONB and telecom company Ooredoo, top-tier sponsor Qatar Energy has also joined.

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