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Gianni Infantino re-elected FIFA president till 2027, promises greater revenues

Gianni Infantino re-elected FIFA president till 2027, promises greater revenues

The Hindu
Thursday, March 16, 2023 10:22:32 AM UTC

Gianni Infantino stood unopposed, making his re-election as head of FIFA a formality, even if he is not universally popular

Gianni Infantino was re-elected as FIFA president during the 73rd Congress in Kigali on Thursday, promising record revenues in the next four-year cycle of $11 billion as he called for more football to be played around the world.

Infantino stood unopposed, making his re-election as head of football's governing body a formality, even if he is not universally popular among member associations for a range of reasons, including pushing for a failed plan to play the World Cup every two years.

"It is an incredible honour and privilege, and a great responsibility," Infantino said. "I promise to continue serving FIFA and football around the world.

"To those that love me, and I know there are many, and those who hate me... I love you all."

Infantino confirmed FIFA’s income hit record levels in the last cycle from 2019-22, but promised to substantially raise this again on the back of expanded men’s and women’s World Cup tournaments and the introduction of a 32-team Club World Cup.

"Revenues rose to a record $7.5 billion (to 2022) in a period that was hit by COVID-19. When I arrived, FIFA reserves stood at around $1 billion, today they are at almost $4 billion," Infantino said.

"We promise new record revenues for the next cycle of $11 billion, and the new Club World Cup is not included in that figure, so it could increase by a couple of billion (more)."

Read full story on The Hindu
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