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The report, distributed to more than 200 FIFA members, also highlighted that FIFA had registered a record-breaking revenue of USD 7.6 billion during the 2019-2022 cycle that culminated with Qatar's 2022 FIFA World Cup.
Football governing body, FIFA, expects to grow its revenue to a record USD 11 billion during the 2023 to 2026 cycle.
The projection was made after the FIFA Council – a non-executive, supervisory and strategic body that sets the vision for FIFA and global football – reviewed and approved the body's annual report for 2022.
The report, distributed to more than 200 FIFA members, also highlighted that FIFA had registered a record-breaking revenue of USD 7.6 billion during the 2019-2022 cycle that culminated with Qatar's 2022 FIFA World Cup.
The earnings are USD one billion more than the organization collected from the previous World Cup cycle leading up to 2018.
With the economic effects of the COVID-19 pandemic still prevalent in the world, FIFA President Gianni Infantino stressed that the growth in football revenue and confidence to have an even bigger projection in income is down to an unprecedented investment in football.
"FIFA's unprecedented investment in football results from our solid financial transparency and stands as a concrete example of how we aim to make football truly global," Infantino stressed.
"The resounding success of the FIFA World Cup 2022 in Qatar has been key to the organization's ability to fulfil its mission about our member associations and the world of football, despite the multiple challenges we faced during the past cycle, not least the COVID-19 pandemic."
Commercial World Cup deals like Qatar Energy, which joined as a top-tier sponsor, buoyed the revenue. New third-tier sponsors include Qatari bank QNB and telecommunications firm Ooredoo.
FIFA added second-tier sponsor deals this year from financial platform crypto.com and blockchain provider Algorand, its first new American sponsor in over a decade.
Meanwhile, FIFA is braced for a big cycle with a host of major football tournaments outside the World Cup between now and 2026, helping to boost revenue.
The 2023 Women's World Cup, FIFA Club World Cups, and the 2026 World Cup highlight a packed list of significant soccer tournaments between now and the end of 2026.
Additionally, the FIFA Council also approved that all three hosts of the 2026 World Cup will qualify automatically for the final competition, with their slots deducted from the overall allocation of six assigned to Concacaf.
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