Fifa World Cup sponsorship revenue falls by US$179m for Russian Federation 2018

Fifa World Cup sponsorship revenue falls by US$179m for Russian Federation 2018

Fifa World Cup sponsorship revenue falls by US$179m for Russian Federation 2018

The majority of the 80 matches in the North American bid would be played in the United States, who hosted the 1994 FIFA World Cup.

"We see very limited economic impact at the national level given the limited duration of the World Cup and the very large size of the country's economy", Moody's analysts said in a report last May, adding that the expected boost to tourism "will likely be short-lived".

Fifa World Cup sponsorship revenue falls by US$179m for Russian Federation 2018
Fifa World Cup sponsorship revenue falls by US$179m for Russian Federation 2018

CONCACAF, whose president - Canadian Victor Montagliani - played a key role in the bid, called the vote a "monumental victory" for the confederation that covers North and Central America and the Caribbean.

Brazil's Neymar, England's Harry Kane, Egypt's Mohamed Salah, France's Antoine Griezmann and Belgium's Kevin De Bruyne are stars who could lift themselves into Player of the Year contention with stellar World Cups.

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Of the 16 host cities, 10 will be in the United States while the remainder will be split evenly between Canada and Mexico.

Russian Federation built on its reputation for lavish spending on sporting events, investing billions of dollars into preparations for the 2018 World Cup, the global soccer tournament that will feature 32 teams playing in 11 cities across the country this month. We will meet somewhere, but I don't know where yet because they refuse to disclose the exact location.

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"We are humbled by the trust our colleagues in the Fifa family have put in our bid, strengthened by the unity between our three countries and the Concacaf region and excited by the opportunity we have to put football on a new and sustainable path for generations to come". Today's American soccer fan has access to every major league in the world via television and internet viewing options, access that has helped expedite the growth of the nation's collective soccer IQ, as well as cultivating its hunger for the game at its best. But in the end, it was a non-factor, as the "United Bid" earned more than double the votes of Morocco. Morocco planned to use 14 stadiums, nine of which had yet to be built with the other five due for renovation.

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