Biannual World Cup Could Cost Clubs 8 Billion

1Biannual World Cup Could Cost Clubs 8 Billion

The world cup is coming up, and if you plan on betting on the 2022 World Cup in Qatar you’d better hurry up and open an account with the best betting agent, because some of the rules we’ve been used to for so long may soon change.

A Costly Maneuver

FIFA’s proposal to hold the World Cup every two years and the changes in the competition format for the Club World Cup could cost the major national soccer leagues and UEFA up to 8 billion euros in losses. This is because TV rights, commercial agreements and matchday actions at the stadiums would be lost.

The reduction in the number of teams and dates for competitions would be one of the main factors of criticism from national organizations, according to the report commissioned by the leagues.The report produced by consultants KPMG and FTI also shows that the viewers’ and soccer advertisers’ interest in the matches would also be affected by the movement, which would cause the teams’ revenue cuts, the players’ salaries and market values to be affected.

Not All Are Happy With The Change

Gianni Infantino, president of FIFA, is the one in charge of the projects to change the World Cups and Club World Cups. The intention to reduce the interval from four in four to two in two years is public knowledge, but there is still no date to be realized.

The idea, however, met strong opposition at UEFA, which runs the Champions League and has the ‘umbrella’ for the big national leagues such as Italy’s Serie A, Spain’s La Liga and England’s Premier League. Aleksander Ceferin, president of the European body, argued that a more frequent World Cup would dilute its value and hurt other competitions. He also threatened to lead a European boycott of another World Cup.

The study estimates that the leagues would lose more than a billion a year in rights due to a decrease in the number of games. Whatever changes may happen, we will make sure to let you know, so please Stay tuned to our news section.