Tuesday, April 11, 2006

$670 Million Tournament

FIFA makes money. We all knew that. (It ended 2005 with $164 million surplus.) It even floats bonds.


But did you know it costs $670 million to put on the tournament in Germany this year?

FIFA wants to make the World Cup Finals pay for themselves, eventually. Which they will have to, because it's grown so big that they can’t get cancellation insurance anymore.

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