The FIFA Football World Cup is an International Soccer Tournament organized by the International Associate Football Federation (FIFA) held every four years. It is considered the most important football tournament in the world and is one of the most followed and seen sporting events in the world.
Why is the FIFA soccer World Cup?
The FIFA Soccer World Cup is important for several reasons. First, it is the most prestigious football tournament and is considered the maximum honor for a football team participate in the tournament.
In addition, it is also important because it brings together the best football teams and players in the world in a single event. Which makes it a very exciting and attractive competition for fans.
Another reason why the FIFA World Cup is important is because of its economic impact. The event attracts many tourists and generates great income through the sale of tickets, advertising and sponsorships. In addition, it also has an impact on the culture and society of the host countries, since it can promote national unity and pride.
Economic milestones achieved by the FIFA World Cup
It is a very important event at the economic level and has achieved several milestones throughout its history. Some of the most prominent economic milestones achieved by the FIFA World Cup are the following.
Income generation
The FIFA World Cup is one of FIFA's main sources of income and has generated record figures in each edition. For example, the 2018 edition in Russia generated about 6,100 million dollars in revenue. While the 2022 edition in Qatar is expected to generate about 15,000 million dollars.
Tourist attraction
The FIFA Soccer World Cup is also an important tourist attraction and has attracted millions of tourists to the host countries throughout its history. For example, the 2014 edition in Brazil attracted more than 3.7 million tourists, which generated about 11,000 million dollars in tourist income.
Sale of transmission rights
The transmission rights of the FIFA Soccer World Cup are also very valuable and have generated large amounts of money throughout the history of the tournament. For example, the transmission rights of the 2018 edition in Russia generated about 2.4 billion dollars.