Sepp Blatter denies responsibility. Why have Fifa bosses been arrested? What is Remembrance Day? Lost penguin found 1, miles from home. Up, up and away - check out this epic hot air balloon record! Home Menu. Who are Fifa and what do they do? Who are Fifa? Getty Images. Fifa holds the World Cup every four years. What does Fifa do? Why is Fifa in the news? Read all stories from across the FIFA organisation.
Read More. The Vision Member Associations. Official documents. Cookie Settings. Most of those competitions are professional, and globally the sport generates hundreds of billions of dollars every year. FIFA estimates that around million people in the world are connected to football in some capacity either through playing the game, officiating, running clubs or merely going to watch a match.
By remaining strong and unifying the vastly different elements in its membership FIFA ensures the game remains universal without rival organizations trying to form breakaway leagues and championships as they have done in other sports. Most of its wealth is accrued by selling the rights to screen World Cup matches to television stations around the world and from the sponsorship it receives from blue-chip global corporations.
FIFA though, is essentially, a non-profit making organization with most of the money it receives directed towards development program around the world and by subsidizing its members with annual grants and regular bonus payments from its World Cup income. It also uses money so it can run itself from its modern headquarters in Zurich by paying its staff, its president and the men who are on the executive and other committees that keep it functioning.
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