Fifa opens bidding on World Cup TV rights

Fifa on Wednesday invited broadcasters in more than 40 European countries to bid for rights to show the 2018 and 2022 World Cups.

Fifa has already signed two-tournament deals in the US, Middle East and Latin America at considerably higher prices than the respective 2010-2014 World Cup deals.

Fifa earned $2.4-billion in broadcast deals tied to the 2010 World Cup in South Africa. It will bank more from the 2014 event in Brazil.

Fifa has already secured contracts worth $3.5-billion for the 2018-2022 events hosted by Russia and Qatar, a clear sign that the World Cup’s popularity has not been hit by the governing body’s damaged reputation after a series of corruption scandals.

Fifa’s objective in Europe is “reaching the widest possible audience and financial targets”, Niclas Ericson, director of the governing body’s TV division, said in a statement.

Fifa wants broadcasters in markets including Germany, Italy and Turkey to submit offers by February 3. Negotiations are set to start the following week.

The tender doesn’t include France, Spain or the UK.

Fifa earns close to 90% of its overall income from World Cup revenue, including sponsorship, hospitality and licensing deals.

In the 2007-2010 financial cycle, Fifa generated $4.19-billion in total revenue. It currently has reserves of nearly $1.3-billion. — Sapa-AP

Staff Reporter
Guest Author
Advertisting

Mabuza’s ‘distant relative’ scored big

Eskom’s woes are often because of boiler problems at its power plants. R50-billion has been set aside to fix them, but some of the contracts are going to questionable entities

ANC faction gunning for Gordhan

The ambush will take place at an NEC meeting about Eskom. But the real target is Cyril Ramaphosa

What the law could clarify this year

Lawfare: Major developments are on the cards where law and politics meet, including the first amendment to South Africa’s Bill of Rights

The secret ‘Warmonger’ at the SSA

A listening device acquired by the agency is at the centre of an alleged R600-million fraud operation
Advertising

Press Releases

New-style star accretion bursts dazzle astronomers

Associate Professor James O Chibueze and Dr SP van den Heever are part of an international team of astronomers studying the G358-MM1 high-mass protostar.

2020 risk outlook: Use GRC to build resilience

GRC activities can be used profitably to develop an integrated risk picture and response, says ContinuitySA.

MTN voted best mobile network

An independent report found MTN to be the best mobile network in SA in the fourth quarter of 2019.

Is your tertiary institution is accredited?

Rosebank College is an educational brand of The Independent Institute of Education, which is registered with the Department of Higher Education and Training.

Is your tertiary institution accredited?

Rosebank College is an educational brand of The Independent Institute of Education, which is registered with the Department of Higher Education and Training.

VUT chancellor, Dr Xolani Mkhwanazi, dies

The university conferred the degree of Doctor of Science Honoris Causa on Dr Xolani Mkhwanazi for his outstanding leadership contributions to maths and science education development.

Innovate4AMR now in second year

SA's Team pill-Alert aims to tackle antimicrobial resistance by implementing their strategic intervention that ensures patients comply with treatment.

Medical students present solution in Geneva

Kapil Narain and Mohamed Hoosen Suleman were selected to present their strategic intervention to tackle antimicrobial resistance to an international panel of experts.