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World Cup 2018

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Uefa makes big profits as Fifa loses money

Uefa made €847m on its expanded European championships in 2016, an increase of €500m on 2012. Total revenue for the championships was €1.92bn.   Income for the 2016 financial year was €4.58bn.

Broadcasting accounts for 50 per cent of Uefa's revenues and sponsorship for 20 per cent.   Reserves amount to €632m.

Russian World Cup stadium behind schedule

There is nothing unusual in new sports stadiums behind schedule and over budget.   However, the Zenit Arena which is being built in St. Petersburg for the 2018 World Cup in Russia appears to be in a class of its own.  It is seven years behind schedule and the cost is likely to be at least €1bn compared with an original estimate of €190m.

Russian World Cup stadium behind schedule

There is nothing unusual in new sports stadiums behind schedule and over budget.   However, the Zenit Arena which is being built for the 2018 World Cup in Russia appears to be in a class of its own.  It is seven years behind schedule and the cost is likely to be at least €1bn compared with an original estimate of €190m.

Biggest global brands avoid naming rights deals

A number of clubs are in the market for naming rights deals, not least West Ham in relation to the Olympic Stadium. Football takes just under a quarter of a global market worth $750m a year, according to data from Sponsorship Today. Multi-purpose venues, which would include the Olympic Stadium, account for 29 per cent.

Supermarket chain could sue Fifa

Supermarket chain Morrisons is considering sueing Fifa over England's failed to bid to host the 2018 World Cup.   They were official grocers for the England bid so they do have 'locus standi' and they have asked lawyers in Switzerland to advise them.   They allege that Fifa did not act in good faith in its decision-making processes to handle the bid.   If the action was brought and was successful, the compensation would take the form of a £1m payment to football charities.

Bristol stadium plans not hit by World Cup blow

The decision not to allocate the 2018 World Cup to England will not affect Bristol City's plans to build a new stadium.  After all, you don't build a stadium for just four games.  Well, perhaps you do in Qatar, but they intend to dismantle them and send them to poor countries afterwards, one of the incentives they offered to boost their bid.  

Burden quits as Fifa fallout grows

The big breaking football news this morning is that acting FA chairman Roger Burden has quit in the wake of England's failed World Cup bid.   He feels that he can no longer trust Fifa officials and work with them and one can understand where he is coming from.

World cup blow for Argyle

The failure to secure the 2018 World Cup for England is a particular blow for Plymouth Argyle who could have hosted a group stage at Home Park.   However, the executive director of the club has denied allegations by some fans that the World Cup was what brought him to Plymouth in the first place.

Day of disappointment

England's failure to become host nation for the 2018 World Cup is disappointing.   Receiving only two votes and being eliminated on the first round is even more so.   Despite the optimism emanating from the English camp on the day, I was not surprised that England didn't win.   I was surprised that Russia did, although perhaps I shouldn't have been.  I was even more surprised that we finished behind Belgium and the Netherlands.

England bid has the big mo

Reports from Zurich suggest that the England bid for the 2018 World Cup is gathering momentum at just the right time, the last lap.  But will it be enough to carry the bid across the finishing line?  We will know this afternoon.