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(Guardian)   FIFA stands to make $4.5 billion for this year's World Cup, tax free of course   (theguardian.com ) divider line
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671 clicks; posted to Sports » on 13 Jul 2014 at 11:53 AM (2 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



28 Comments     (+0 »)
 
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2014-07-13 09:52:21 AM  
That's a non-profit $4.5 billion, of course.
 
2014-07-13 11:55:43 AM  
That kind of earnings did not influence in any way the fact that the next 2 World Cups are in Russia and Qatar. None whatsoever.
 
2014-07-13 12:02:03 PM  
Having seen John Oliver's sausage, this news makes me even more disgusted with FIFA.
 
2014-07-13 12:05:43 PM  
 
2014-07-13 12:07:38 PM  

desertgeek: Meanwhile, there's shiat in the water.


There's always been shiat in the water. It's just now there's more of it.  Brasil is headed for a reckoning.
 
2014-07-13 12:13:37 PM  

Princip's Sandwich: That kind of earnings did not influence in any way the fact that the next 2 World Cups are in Russia and Qatar. None whatsoever.


If there's actually a World Cup held in Qatar, I will stand on my head and eat a bug.
 
2014-07-13 12:28:28 PM  

desertgeek: Meanwhile, there's shiat in the water.


♪♫  shiat goes in the water, water comes out the butt...♪♫
 
2014-07-13 12:29:25 PM  

syrynxx: Princip's Sandwich: That kind of earnings did not influence in any way the fact that the next 2 World Cups are in Russia and Qatar. None whatsoever.

If there's actually a World Cup held in Qatar, I will stand on my head and eat a bug.


What kind of bugs?
 
2014-07-13 12:58:31 PM  

germ78: desertgeek: Meanwhile, there's shiat in the water.

♪♫  shiat goes in the water, water comes out the butt...♪♫


Keep on farking that frog.
 
2014-07-13 12:59:10 PM  
My question is how much of this goes back to Brazil?
 
2014-07-13 01:18:40 PM  
The only thing I want to see today is a close game, and very late on, Germany goes on a breakaway and Pope Francis rushes out of the stands and clobbers Mueller w/ a steel chair.
 
2014-07-13 01:34:42 PM  

Piizzadude: My question is how much of this goes back to Brazil?


none
 
2014-07-13 01:37:40 PM  
They could have spent a little more of it on this so-called "closing ceremony".
 
2014-07-13 01:37:52 PM  

Lost Thought 00: Piizzadude: My question is how much of this goes back to Brazil?

none


I'm sure the 600,000+ tourists added nothing to the Brazilian economy. Every single dime went to fifa
 
2014-07-13 01:43:07 PM  
Current standings of my World Cup Pool. Fark winner gets 3 months TotalFark, and Drew will have to pay taxes on it:
http://docs.google.com/spreadsheets/d/1vAKmxKmYhjqXn69fl_6XapLTDRz_E 2S OCmOSB9QiRUI/edit?usp=sharing

/scores & standings will be updated during the match at that link
//Aloha!
 
2014-07-13 01:54:06 PM  

Piizzadude: My question is how much of this goes back to Brazil?


You'll be here all week?
 
2014-07-13 02:12:29 PM  

Doktor_Zhivago: Lost Thought 00: Piizzadude: My question is how much of this goes back to Brazil?

none

I'm sure the 600,000+ tourists added nothing to the Brazilian economy. Every single dime went to fifa


The question was how much of the 4.5 billion profit FIFA made goes back to Brazil. The answer is none. There are certainly ancillary benefits, as you mentioned, as well as ancillary costs, such as the hundreds of millions spent to build the stadiums. It will take years to sort out the net effects on Brazil's economy. But none of that 4.5 billion will be part of that analysis
 
2014-07-13 02:30:40 PM  

syrynxx: If there's actually a World Cup held in Qatar, I will stand on my head and eat a bug.


What was the name of that car dealership? Cal Worthington? I forget.
 
2014-07-13 04:18:39 PM  

red5ish: syrynxx: If there's actually a World Cup held in Qatar, I will stand on my head and eat a bug.

What was the name of that car dealership? Cal Worthington? I forget.


Nah, you got it. I miss his commercials.
 
2014-07-13 05:40:08 PM  

Lt. Cheese Weasel: desertgeek: Meanwhile, there's shiat in the water.

There's always been shiat in the water. It's just now there's more of it.  Brasil is headed for a reckoning.


Brazil has always been a corrupt nasty shiathole.
 
2014-07-13 05:41:16 PM  

red5ish: syrynxx: If there's actually a World Cup held in Qatar, I will stand on my head and eat a bug.

What was the name of that car dealership? Cal Worthington? I forget.


and his dog Spot?

https://www.youtube.com/watch?v=QOsLdT4slsk
 
2014-07-13 05:48:38 PM  

Irving Maimway: Having seen John Oliver's sausage, this news makes me even more disgusted with FIFA.


John Oliver's explanation of FIFA:  https://www.youtube.com/watch?v=DlJEt2KU33I

FIFA is so evil, it should be a sinister organization that James Bond fights in one of his movies.

Even their meeting room looks like it's straight out of Dr. Strangelove:

www.dw.de
 
2014-07-13 06:00:35 PM  

dustman81: Even their meeting room looks like it's straight out of Dr. Strangelove:


Before he said anything, when the graphic popped up that was my first thought. They just need a grey Mao suit and a white cat to stroke.
 
2014-07-13 08:33:01 PM  

Piizzadude: My question is how much of this goes back to Brazil?


x2.fjcdn.com
 
2014-07-14 05:14:50 AM  

Lost Thought 00: Doktor_Zhivago: Lost Thought 00: Piizzadude: My question is how much of this goes back to Brazil?

none

I'm sure the 600,000+ tourists added nothing to the Brazilian economy. Every single dime went to fifa

The question was how much of the 4.5 billion profit FIFA made goes back to Brazil. The answer is none. There are certainly ancillary benefits, as you mentioned, as well as ancillary costs, such as the hundreds of millions spent to build the stadiums. It will take years to sort out the net effects on Brazil's economy. But none of that 4.5 billion will be part of that analysis


So this is nothing but a charity event for FIFA? Brazil foots the bill, makes some money off of concessions, but the majority of the donations (tickets, TV, radio) goes to a non profit for the sake of?
 
2014-07-14 07:25:43 AM  
That means every member of the FIFA executive committee gets a nice 160 million dollars.

Nice!
 
2014-07-14 01:12:00 PM  

Piizzadude: makes some money off of concessions


And, y'know, hotel stays, rental cars, people buying food, drinks, etc (the tournament lasts a month, pretty sure they had to eat more than just at the stadium).

Brazil didn't set up the TV contract. Brazil didn't set up the radio contract. Brazil doesn't run the matches.

Do American cities get a cut of, say, NFL ticket revenues? Their TV contracts? Their radio deals?
 
2014-07-14 04:20:21 PM  

IAmRight: Piizzadude: makes some money off of concessions

And, y'know, hotel stays, rental cars, people buying food, drinks, etc (the tournament lasts a month, pretty sure they had to eat more than just at the stadium).

Brazil didn't set up the TV contract. Brazil didn't set up the radio contract. Brazil doesn't run the matches.

Do American cities get a cut of, say, NFL ticket revenues? Their TV contracts? Their radio deals?


I meant concessions as a generality. The difference between this tournament and the NFL is a 25 year lease for the buildings which the host cities do get a huge cut of a lot of things. Your equation does not equate.
 
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