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FIFA RESERVES SOAR TO $2.7B, REVENUE AT $6.4B
FIFA’s cash reserves soared to a record $2.74 billion and revenue climbed to $6.4 billion in the four-year period covering the 2018 World Cup, The Associated Press has learned.
The robust financial results suggest FIFA has weathered the deepest crisis in its history, which erupted in 2015 when a United States-led criminal investigation led to the arrests and later convictions of high-ranking officials on corruption charges.
FIFA President Sepp Blatter also was deposed as FIFA president in a financial misconduct case that left the governing body’s reputation in tatters and caused a backlash from sponsors.
After being elected as Blatter’s successor in 2016, Gianni Infantino said that “FIFA was clinically dead as an organization.”
Although Infantino’s leadership has come under criticism from within European governing body UEFA, Infantino will be able to show the budget is in a healthy state, and he is due to be re-elected unopposed in June for a four-year term.
The 2015-18 finances obtained by the AP exceed the forecasts presented to the FIFA Congress last June. While FIFA projected cash reserves to increase to $1.653 billion in the 2018 World Cup cycle, they had grown to $2.74 billion at the end of 2018, according to people with knowledge of the finances.
The people spoke on condition of anonymity because the financial results remain confidential.
FIFA’s reserves at the end of the 2014 World Cup cycle were $1.523 billion after generating $5.718 billion after the tournament in Brazil.
Amid of corruption crisis of 2015, FIFA modestly targeted raising $5 billion by the end of the Russia World Cup, a projection later raised to $6.1 billion. Those expectations were eclipsed when the four-year cycle ended with revenues of $6.4 billion, according to the people with knowledge of the financial report, which shows profit of around $1 billion.
The record revenue was achieved despite FIFA not filling its full slate of sponsors for the 2018 World Cup. Several sponsors did not renew after the 2014 tournament in Brazil.
Sheikh Salman Bin Ibrahim Al-Khalifa, an opponent of Infantino in the 2016 vote, had warned Infantino’s plan to increase payouts to member associations would “bankrupt” FIFA, but that has not transpired.
In the 2011-14 World Cup cycle, FIFA’s accounts showed just over $1 billion was spent overall on development projects with $538 million going to the Financial Assistance Programme for national associations and confederations.
In the 2015-18 cycle, investment dedicated to FIFA’s new Forward development program was $1.079 billion of which $832 million had been approved and committed to member associations, confederations or regions by the end of last year, according to a financial document seen by the AP. Between May 2016 and December 2018, 941 specific projects were funded in 179 of the 211 member associations at a cost of $270.3 million. There are a range of handouts: from $30,769 to train female football administrators in South Africa to $2.25 million on youth development in Peru.
FIFA proclaims it has far more rigorous system of financial controls designed to guard against further corruption scandals. FIFA rejected 201 of the 1,978 funding applications received in the four-year cycle.
FIFA is also trying to secure backing to expand the Club World Cup and develop a Global Nations League, a mini-World Cup for national teams, to further boost revenue. But Infantino’s hopes of obtaining $25 billion in guaranteed finances from backers, including Japan’s SoftBank, have stalled over European opposition to the formats and funding.
Even without that additional income, FIFA said in its financial report that the success of the 2018 World Cup has provided “strong financial resources” to enable it to raise Forward funds by $667 million to $1.746 billion in the 2019-22 cycle.
Each member association can apply for up to $6 million over the 2019-22 cycle, while each of the six confederations receives $48 million. In addition, $62 million is available for zonal or regional associations if they organize at least five youth and women’s competitions per year.
News of the soaring FIFA reserves comes amid ongoing questions about the lack of parity for World Cup prize money between the men’s and women’s tournaments.
France earned $38 million from FIFA for winning the men’s World Cup last July but the women’s champion this July will earn $4 million. That is double the amount collected by the U.S. Soccer Federation in 2015, a rise in line with the overall prize money jumping to $30 million. The fund for the World Cup in Russia rose 12 percent to $400 million and that jumps to $440 million for the 2022 tournament in Qatar.
FIFA has acknowledged concerns of female players about the financial disparities while pointing to funding to grow the women’s game.
“The vast majority of women’s football players across the world are still amateur,” Sarai Bareman, FIFA’s chief women’s football officer, said when the prize money for France was agreed last year. “That’s the most important thing for us. If we want to build the whole ecosystem of the women’s game it has to start there.”
Infantino is costing FIFA less than his predecessor.
Infantino last year earned a salary of $1.9 million and a bonus of $550,000, according to one of the people with knowledge of the finances. Infantino earned $1.61 million in 2017 without a bonus.
Blatter’s basic salary of $3 million in 2015 was topped up by an $11 million contractual bonus for the 2010 World Cup and $12 million for the 2014 edition. His contract included a $12 million performance bonus he would have earned had he completed a 2015-19 presidential term.
BY KUNLE SOLAJA, NEW YORK
Africa emerged as the most successful confederation in the group stage of the 2026 FIFA World Cup, with an unprecedented 90 percent of its representatives advancing to the Round of 32.
Nine of the 10 African teams that started the tournament secured places in the knockout phase, giving the Confederation of African Football (CAF) the highest qualification rate among all six continental confederations.
The African nations progressing to the Round of 32 are South Africa, Morocco, Côte d’Ivoire, Cape Verde, Senegal, Egypt, Ghana, DR Congo and Algeria.
Only one African team failed to survive the group stage, underscoring the continent’s growing competitiveness on football’s biggest stage.
CAF’s 90 per cent success rate placed it ahead of South America’s CONMEBOL, which saw 83.33 per cent of its teams advance, and Europe’s UEFA, whose members recorded an 81.25 per cent qualification rate.
The figures represent a significant shift in the global football landscape, where European and South American nations have traditionally dominated World Cup competitions.
The expanded 48-team format appears to have provided African countries with greater opportunities to showcase their progress, and they responded with a series of impressive performances throughout the group stage.
Cape Verde emerged as one of the tournament’s surprise packages by reaching the knockout rounds for the first time, while South Africa, DR Congo and Algeria also celebrated historic advances.
Senegal made history by becoming the first African nation to score five goals in a World Cup match, while Morocco continued the momentum generated by their remarkable semi-final run at the 2022 World Cup in Qatar.
In contrast, the Asian Football Confederation (AFC) endured a difficult campaign, with only 22.22 per cent of its teams progressing. The Confederation of North, Central America and Caribbean Association Football (CONCACAF) recorded a 50 per cent qualification rate despite having the advantage of three host nations.
Oceania Football Confederation (OFC) failed to place any team in the Round of 32.
World Cup Round of 32 Qualification Rates by Confederation
- CAF (Africa): 90%
- CONMEBOL (South America): 83.33%
- UEFA (Europe): 81.25%
- CONCACAF (North and Central America/Caribbean): 50%
- AFC (Asia): 22.22%
- OFC (Oceania): 0%
The statistics show Africa’s growing influence in world football and raise hopes that the continent could produce its strongest collective performance ever in the knockout stages of a FIFA World Cup.
With nine teams still in contention, Africa enters the Round of 32 with more representatives than any other confederation and a genuine opportunity to challenge for the latter stages of the tournament.
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BY KUNLE SOLAJA, NEW YORK.
Ecuador will look to continue their strong record against Concacaf opposition when they face Curaçao in a Group E encounter at the FIFA World Cup 2026.
The South Americans enter the match having won their last two World Cup meetings with teams from the Concacaf region and will be eager to maintain that trend as they chase a place in the knockout rounds.
For Curaçao, however, the fixture represents an opportunity to create history.
The Caribbean nation is one of the tournament’s debutants and is still searching for its first World Cup victory. After suffering a heavy defeat to Germany in their opening match, Curaçao will be desperate to demonstrate the resilience and determination that earned them a place at the expanded 48-team tournament.
A victory would make them the first of the World Cup 2026 newcomers to register a win and would provide a significant boost to their qualification hopes.
Ecuador are expected to rely on their experience at this level, but they know underestimating Curaçao could prove costly. The underdogs have already shown flashes of attacking quality despite their difficult introduction against Germany.
As the group stage begins to take shape, both teams understand the importance of securing points. Ecuador are chasing progression, while Curaçao are chasing history.
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BY KUNLE SOLAJA, NEW YORK.
As Morocco edge closer to the knockout stages of the FIFA World Cup 2026, captain Achraf Hakimi finds himself at the centre of two parallel narratives; one being football excellence and the other by legal proceedings that continue to cast a shadow over his career.
On the pitch, the 27-year-old has never appeared more influential.
Morocco’s 1-0 victory over Scotland not only moved the Atlas Lions within touching distance of the Round of 32, it also elevated Hakimi into the record books as the African player with the most FIFA World Cup appearances.
The Paris Saint-Germain defender made his 12th World Cup appearance, surpassing the previous mark jointly held by Cameroonian legend François Omam-Biyik and Ghana’s all-time leading scorer Asamoah Gyan.
It is a remarkable achievement for a player who made his World Cup debut as a teenager in Russia in 2018 and has since become one of the most recognisable faces of African football.
For Hakimi, the record is another milestone in a career already decorated with major club honours and individual accolades, including the African Footballer of the Year award. It also reinforces his status as one of the driving forces behind Morocco’s rise as a global football power.
His influence was most vividly illustrated at the 2022 World Cup in Qatar, where Morocco became the first African and Arab nation to reach the semi-finals of the tournament. Hakimi’s composure, leadership and attacking flair helped transform the Atlas Lions into one of the competition’s most compelling stories.
Four years later, he remains the heartbeat of a Moroccan side determined to prove that their success in Qatar was no one-off achievement.
The signs have been encouraging. Morocco opened their campaign with an impressive 1-1 draw against five-time champions Brazil before defeating Scotland to move within a point of qualification. A draw against Haiti in their final group match would be enough to secure passage to the knockout rounds.
Yet while Hakimi’s football achievements continue to accumulate, events away from the game have ensured that public attention remains divided.
The defender is facing the prospect of a criminal trial in France following allegations of rape first reported in 2023. Hakimi has consistently denied wrongdoing and has sought to challenge the legal process through the courts.
French media reported this week that an appeals court rejected a challenge to his referral to criminal court, clearing the way for a future trial.
Responding publicly, Hakimi reiterated his innocence and welcomed the opportunity to present his version of events.
“Today, a story that isn’t mine is being told at the expense of my family, my life, and above all, the truth,” he wrote on social media platform X.
“I’ve been waiting for this trial since day one. And now I’m looking forward to it. Finally, I’ll be able to speak out.”
The legal proceedings remain ongoing, and no trial date has been announced.
For now, Morocco’s captain appears determined to keep his focus on football.
That ability to compartmentalise challenges has become a defining characteristic of elite athletes, particularly those operating under intense global scrutiny. With millions watching every move, Hakimi has continued to perform at the highest level for both club and country.
His record-breaking appearance against Scotland demonstrated once again why he remains indispensable to Morocco’s ambitions. Whether surging down the flank, organising teammates or inspiring supporters, Hakimi has become the symbol of a generation that has redefined expectations for African football.
As the World Cup enters its decisive phase, Morocco’s hopes of another deep run rest heavily on the shoulders of their captain.
The legal questions surrounding Hakimi will ultimately be settled in court. On the field, however, his contribution to Moroccan football is already firmly established.
And as the Atlas Lions pursue another place in World Cup history, their captain continues to add chapters to a legacy that has made him one of Africa’s most accomplished footballers.
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