Fifa World Cup fans on pace to spend record amounts at tournament venues

With 10 days to go until the end of the Fifa World Cup, fans have already spent more money than they did when Brazil hosted in 2014, and 89% of the value they spent at Russia in 2018

Fifa, Shopping, Football Fans
Fans who were present to watch Saudi Arabia take on Mexico on November 30 spent the most overall.
Simone Foxman | Bloomberg
2 min read Last Updated : Dec 08 2022 | 1:26 PM IST
Fans at the 2022 World Cup in Qatar are on pace to spend record amounts at tournament venues, according to data from Visa, the event’s official payment partner.
 
With 10 days to go until the end of the World Cup, fans have already spent more money than they did when Brazil hosted in 2014, and 89% of the value they spent at Russia in 2018. Visa’s data includes spending on its cards at all official World Cup venues from the start of tournament through Dec. 2.

The figure is high despite a last-minute ban on alcoholic beer sales at stadiums, and in the face of growing pocketbook pressures on consumers around the world. Close to half of the spending was on merchandise, while payments for food and beverages made up 36%. 

Fans who were present to watch Saudi Arabia take on Mexico on November 30 spent the most overall. 

Both football association FIFA and Qatar have been optimistic about their earnings potential from this tournament. 

FIFA expects its revenue from the four-year cycle culminating in the World Cup to exceed the $5.4 billion it made in Russia in 2018. Qatari organizers have said they hope the event will provide a $17 billion boost to the local economy.

--With assistance from Archana Narayanan.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :FIFAFIFA World Cup 2022Qatar 2022 FIFA World CupfootballsportsExpenditure

Next Story