FIFA Corruption

2623 Words6 Pages

Fifa has made £1,200,000,000 per year from sponsors, television and the World Cup. Fifa’s latest financial amount over the four years to the end of 2010 show the organisation has earned more than four billion. That's an increase of fifty-nine percent over the previous four year stretch which included the World Cup in Germany (BBC, pars. 1). Its broadcast rights and marketing which are leading the boom of course, and Fifa is riding the wave that's thrown the Premier League skywards too (BBC, pars. 2). Fifa has banked $631m to its reserves, which now stand at $1.2 billion (BBC, pars. 3). Fifa says of the money it raised, seventy percent was ploughed back into the game by staging tournaments and investing in projects. Fifa put $794m into football development, including its 'Goal' and 'Win in Africa' projects (BBC, pars. 4). More than $350m has been handed out to the member FAs, under what's called the Financial Assistance Programme (BBC, pars. 5)

FIFA was first created in the year 1904 and since then they have a long history about how soccer became a worldwide sport. The history of FIFA begins after an international soccer match played between France and Belgium, taking place in Brussels, Belgium on 1 May, 1904. The French and Belgium soccer players decided that it would be a good idea to create a soccer association to make rules of soccer.So they created the Federation Internationale de Football Association (FIFA) which is now one of the most famous football associations in the world. FIFA was founded in the rear of the headquarters of the Union Française de Sports Athlétiques at the Rue Saint Honoré 229 in Paris on 21 May 1904(CFH, pars. 1).

The Fédération Internationale de Football Association(FIFA) was named by the French d...

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...History of Fifa” FIFA.com, Web. 18 Feb. 2014

Hughes, Rob. “One by One , Those Atop FIFA Are Falling” The New York Times, Web. 7 Feb. 2014

“History of FIFA-More associations follow” FIFA.com, Web. 18 Feb. 2014

Tannenwald, Jonathan. “FIFA's Sepp Blatter Qatar won 2022 World Cup bid with political influence” Philly Sports, Web. 7 Feb. 2014

“Fifa Origin” Essoccer.com, Web. 17 Feb. 2014

“Fifa History” Essocer.com, Web. 17 Feb. 2014

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