Why the economics makes this the craziest world cup ever
The billions of dollars in extra cash are going initially into FIFA's reserves, with that promise to distribute its funds to the global football family
The billions of dollars in extra cash are going initially into FIFA's reserves, with that promise to distribute its funds to the global football family. FIFA points to such grassroots funding helping to allow Cape Verde to qualify for this year's competition thanks to improved infrastructure and grassroots development of the game.
It tends to distribute these development funds equally to the 211 member associations, meaning tiny Montserrat gets a windfall from FIFA worth 2.5% of its
annual GDP, or $500 per person. The equal distribution model has existed since the 1990s, and was supercharged by FIFA President Gianni Infantino as part
of his election pledge. It is driven by the one-country, one-vote system, which has also been used to select the World Cup hosts from this year on.
The BriefWire