World Cup was Fifa’s best ever

Johannesburg - South Africa's successful staging of the 2010 Fifa World Cup boosted the coffers of the International Soccer Federation (Fifa) by R29bn, making the 2010 tournament the most successful in Fifa’s history.

This year's turnover was about 25% more than that in 2006, when the tournament was held in Germany.

This is shown in the recent study by PricewaterhouseCoopers (PwC), entitled Back on Track? The outlook for the global sports market to 2013.

It appears that the international sports industry is still recovering from the financial crisis, but that certain sectors are still doing very well despite the recession.

Of the massive profits Fifa made from the tournament in South Africa, almost 95% will be used to finance its operating costs for the next four years.

The impact of ticket prices at the Fifa tournament is also evident. As many as three million people attended the matches this year. At an average cost of R1 700 per ticket, total income from ticket sales was R5.1bn.

This figure is more than the combined income from ticket sales for all types of sport in South Africa.

- Sake24.com

For business news in Afrikaans, go to www.sake24.com.

 

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed. 
Subscribe to News24
Rand - Dollar
17.47
-2.2%
Rand - Pound
21.05
-0.0%
Rand - Euro
18.91
-0.0%
Rand - Aus dollar
12.09
-0.0%
Rand - Yen
0.13
-0.0%
Platinum
974.02
0.0%
Palladium
1,623.95
0.0%
Gold
1,865.16
0.0%
Silver
22.35
0.0%
Brent Crude
79.94
-2.8%
Top 40
74,082
+0.6%
All Share
80,241
+0.6%
Resource 10
75,186
+0.7%
Industrial 25
103,461
+0.8%
Financial 15
16,550
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders