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Mar 20, 2015

FIFA announces $2 billion revenue for 2014

ZURICH (Reuters) – FIFA raked in more than $2 billion in revenue in 2014 while its rainy day cash reserves rose to $1.523 billion, soccer’s governing body said in its annual financial report on Friday.

Meanwhile, revenue for the 2011-2014 cycle, which included the Brazil World Cup, was $5.718 billion while expenditure also rose to $5.380 billion, leaving a surplus of $338 million.

Mar 20, 2015

Soccer-FIFA announces $2 billion revenue for 2014

ZURICH, March 20 (Reuters) – FIFA raked in more than $2 billion in revenue in 2014 while its rainy day cash reserves rose to $1.523 billion, soccer’s governing body said in its annual financial report on Friday.

Meanwhile, revenue for the 2011-2014 cycle, which included the Brazil World Cup, was $5.718 billion while expenditure also rose to $5.380 billion, leaving a surplus of $338 million.

Mar 20, 2015

My 17 years as president is my manifesto, says Blatter

ZURICH (Reuters) – FIFA president Sepp Blatter will not be publishing a manifesto in his bid for re-election, saying on Friday that he wanted to be judged on his 17 years in charge of soccer’s governing body.

“My manifesto is the work I have done in the last years in FIFA,” he told a news conference after an executive committee meeting.

Mar 20, 2015

Blatter tells politicians to ‘leave sport alone’

ZURICH (Reuters) – FIFA president Sepp Blatter told politicians to leave football alone on Friday and said the 2018 World Cup could stabilise the situation in host nation Russia.

“There has been increasingly more interference (in football) with cases in Africa, in Europe, in South America… and that is why I made the executive committee take a decision which means, in a nutshell, stop this political interference in sport,” Blatter told a news conference.

Mar 20, 2015

Soccer-My 17 years as president is my manifesto, says Blatter

ZURICH, March 20 (Reuters) – FIFA president Sepp Blatter will not be publishing a manifesto in his bid for re-election, saying on Friday that he wanted to be judged on his 17 years in charge of soccer’s governing body.

“My manifesto is the work I have done in the last years in FIFA,” he told a news conference after an executive committee meeting.

Mar 20, 2015

Soccer-Blatter tells politicians to ‘leave sport alone’

ZURICH, March 20 (Reuters) – FIFA president Sepp Blatter told politicians to leave football alone on Friday and said the 2018 World Cup could stabilise the situation in host nation Russia.

“There has been increasingly more interference (in football) with cases in Africa, in Europe, in South America… and that is why I made the executive committee take a decision which means, in a nutshell, stop this political interference in sport,” Blatter told a news conference.

Mar 20, 2015

FIFA to pay clubs $209 million for World Cup ‘collaboration’

ZURICH (Reuters) – FIFA has announced a threefold increase in the amount of money it pays as part of a collaboration agreement with clubs who release players for the World Cup and the ruling body will hand out $209 million (141.75 million pounds) in both 2018 and 2022.

Clubs will also be given a greater say in drawing up the international match calendar, which allocates the dates for club and national team matches, following the agreement between FIFA and the European Clubs’ Association (ECA).

Mar 20, 2015

FIFA to pay clubs $209 million for World Cup ‘collaboration’

ZURICH (Reuters) – FIFA has announced a threefold increase in the amount of money it pays as part of a collaboration agreement with clubs who release players for the World Cup and the ruling body will hand out $209 million (141.75 million pounds) in both 2018 and 2022.

Clubs will also be given a greater say in drawing up the international match calendar, which allocates the dates for club and national team matches, following the agreement between FIFA and the European Clubs’ Association (ECA).

Mar 20, 2015

Soccer-FIFA to pay clubs $209 million in World Cup compensation

ZURICH, March 20 (Reuters) – FIFA will pay $209 million to clubs releasing players for the 2018 World Cup in Russia and the same sum again for the 2022 tournament in Qatar, nearly three times the amount distributed in 2014.

“A total of $209 million will be distributed among the clubs releasing players to the participating teams in the 2018 FIFA World Cup (in Russia),” FIFA said in a statement on Friday.

Mar 19, 2015

Soccer: 2022 World Cup final to be played on December 18

ZURICH (Reuters) – The 2022 World Cup in Qatar is to be played in November and December and the final will be held on Dec. 18, FIFA spokesman Walter de Gregorio said on Thursday.

De Gregorio told reporters the decision was made by the executive committee of soccer’s ruling body FIFA following a recommendation by a task force that was set up specifically to discuss the issue.