Revenue on track, reserves down in FIFA virus-era accounts
FIFA expects to hit its four-year revenue target of 6.44 billion up to the 2022 World Cup in Qatar despite the coronavirus pandemic. Total spending of 1.04 billion in 2020 included 270 million in grants to soccer bodies worldwide as part of a COVID-19 relief plan, FIFA’s annual financial report said on Friday. It also included a 10 million donation to the World Health Organization. FIFA again awarded its president Gianni Infantino a 1 million annual bonus to raise his overall pre-tax pay above 3 million in 2020, matching his…
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