Gianni Infantino has been reelected as FIFA president during the 73rd Congress in Kigali, Rwanda, on Thursday.
Infantino stood unopposed, making his reelection as head of the world football’s governing body a formality, even if he is not universally popular among member associations for a range of reasons, including pushing for a failed plan to play the World Cup every two years.
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 record $7.5 billion (in 2022) in a period that was hit by COVID-19. When I arrived, FIFA reserves stood at around $1bn, today they are at almost $4bn,” Infantino said.
The FIFA president opened his remarks with an anecdote describing how he came to Kigali when he first campaigned in 2016 and almost quit the race, likening his refusal to give up to how Rwanda recovered after its genocide in 1994.
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 record $7.5 billion (in 2022) in a period that was hit by COVID-19. When I arrived, FIFA reserves stood at around $1bn, today they are at almost $4bn,” Infantino said.
“We promise new record revenues for the next cycle of $11bn, and the new Club World Cup is not included in that figure, so it could increase by a couple of billion (more).”
Infantino said FIFA would continue to review the transfer system to “improve transparency” and suggested the organisation might discuss a salary cap.
