Following his election in 2016, FIFA President Gianni Infantino set about realising his vision of making football truly global. During the 2019-2022 cycle, the benefits of increased revenues also came to the fore. Through the FIFA Forward Programme, FIFA has been able to steadily increase football development through its member associations in every corner of the world, clearly demonstrating how this vision is becoming reality. Furthermore, the financial success of the FIFA World Cup Qatar 2022 has provided a solid foundation for this work to continue and grow at record levels in the next cycle.
As at 31 December 2022, FIFA’s reserves had reached an unprecedented high of USD 4 billion. These reserves ensure that FIFA is in an ideal position to cover all of its FIFA World Cup obligations and the increased commitments under FIFA Forward 3.0. Due for launch in 2023, the latter will increase the funds currently available under Forward 2.0 by a significant 29% to USD 2,250 million. This record-breaking achievement is largely thanks to the success of Qatar 2022™, along with FIFA’s ongoing cost containment drive in relation to its administrative tasks, which is testament to the prudent governance practices implemented across the organisation.
We look ahead to 2023, a year in which FIFA will organise the FIFA Women’s World Cup Australia & New Zealand 2023™, with great optimism and excitement.