England promises FIFA huge profits if it stages World Cup

Updated: Oct 06, 2010, 08:46 AM IST

London: England has promised FIFA profits of at least 161 million pounds (USD 240 million) if the country is chosen to stage the World Cup in 2018, the campaign team bidding to host the event said.

The money generated for world soccer`s governing body, based on projected ticket sales alone from the 2017 Confederations Cup and the World Cup itself, would be supplemented by other revenue accruing from the finals.

The bid team also announced that all ticket-holding fans and accredited media and other personnel would be eligible for free travel on match days and that FIFA`s requirements of having 60,000 hotel rooms contracted to house guests had been met.

More than 400,000 other rooms would also be available

In addition, all 32 competing finalists would be hosted by a Premier League or Football League club and would have the use of all of that club`s medical and training facilities.

The England bid estimates revenue of 602 million pounds from ticketing with the costs of the tournament put at 441 million, based on 94 percent stadium occupancy.

Under FIFA rules the ticket revenue and dollar conversions are based on March 2010 figures.

The bidding war to stage the 2018 and 2022 finals is beginning to intensify with FIFA making its decision for both tournaments in Zurich on December 2.

Spain`s World Cup-winning midfielder Cesc Fabregas hosted a round of media interviews in London on Tuesday while the bidding countries are all meeting the international media at the high profile Leaders in Football business conference at Chelsea`s Stamford Bridge ground in London on Wednesday and Thursday.

Bureau Report