FIFA has 9 offers for competition to rival Champions League

Image
AP Doha
Last Updated : Dec 20 2019 | 7:25 PM IST

FIFA President Gianni Infantino is assessing nine offers from companies seeking to buy the commercial and broadcasting rights for a new club competition he hopes will become the most lucrative in world football, usurping Europe's Champions League.

The deadline passed Thursday for investors to submit tenders for the rebooted Club World Cup, which is due to begin in June 2021 with a 24-team group stage.

"The Club World Cup will become the best club competition in the world whatever FIFA is doing has to be the best," Infantino said Friday.

"We shouldn't be worried or ashamed about the commercial success. I want the Club World Cup to be the best in terms of quality on the pitch, but also in terms of revenues."
"Obviously, it's the mission of UEFA. The mission of FIFA is the world. If we can pay and we can generate more revenues for the clubs, the big clubs, the 10, 12 Europeans or 15, or however many, it will be 20 in future but also 30 around the world, then we've done something good."
In a tender document to potential investors seen by The Associated Press, FIFA said it is "building the tournament into the world's greatest club football experience."
"And we have to think about what kind of platforms and competitions we can give them. The new Club World Cup is certainly one that goes in that direction."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

More From This Section

First Published: Dec 20 2019 | 7:25 PM IST

Next Story