Gianni Infantino re-elected FIFA president until 2027, guarantees larger revenues

Gianni Infantino was re-elected as FIFA president during the 73rd Congress in Rwanda on March 16, 2023

Gianni Infantino was re-elected as FIFA president throughout the 73rd Congress in Rwanda on March 16, 2023
| Photo Credit: AP

Gianni Infantino was re-elected as FIFA president throughout the 73rd Congress in Kigali on Thursday, promising report revenues within the subsequent four-year cycle of $11 billion as he referred to as for extra soccer to be performed around the globe.

Infantino stood unopposed, making his re-election as head of soccer’s governing physique a formality, even when he’s not universally fashionable amongst member associations for a spread of causes, together with pushing for a failed plan to play the World Cup each two years.

“It is an incredible honour and privilege, and a great responsibility,” Infantino stated. “I promise to continue serving FIFA and football around the world.

“To people who love me, and I do know there are various, and those that hate me… I like you all.”

Infantino confirmed FIFA’s income hit record levels in the last cycle from 2019-22, but promised to substantially raise this again on the back of expanded men’s and women’s World Cup tournaments and the introduction of a 32-team Club World Cup.

“Revenues rose to a report $7.5 billion (to 2022) in a interval that was hit by COVID-19. When I arrived, FIFA reserves stood at round $1 billion, at this time they’re at virtually $4 billion,” Infantino said.

“We promise new report revenues for the subsequent cycle of $11 billion, and the brand new Club World Cup shouldn’t be included in that determine, so it may improve by a few billion (extra).”

Infantino said FIFA would continue to revue the transfer system to “enhance transparency” and suggested the organisation might discuss a salary cap.

“We should enhance our rules and the FIFA statues. We will proceed to evolve our good governance ideas and have a look at the switch system, and perhaps have a dialogue to enhance transparency of switch charges and salaries.

“It might be necessary to introduce a cap, we have to think how we can do that. We will look at it with all stakeholders and see what we can do.”

Infantino was first elected in an Extraordinary Congress in 2016 following the resignation of his predecessor Sepp Blatter, and retained his place unopposed three years later.

But this counts as his second time period of workplace and he’ll subsequently be obtainable for a 3rd and last time period in 4 years’ time.

Source web site: www.thehindu.com

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