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by orangedog2 hours ago |
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upvoteby jimbokun1 hours ago|
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The new thing is trying to take the organization from a non-profit to a corporation. Mainly so the executives can increase their already large compensation apparently.

Interesting parallels to OpenAI.

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upvoteby glitchc2 hours ago|
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FIFA made $~15 billion USD this World Cup, roughly double what they made in Qatar in 2022. There are many low-hanging fruit that can be optimized to increase that revenue by 10x.
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upvoteby overfeed1 hours ago|
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I didn't realize the commercial-block-sized "hydration breaks" were that profitable.

For a second, I thought the Americanization[1] of fùtbol would be done gradually and no one would complain as we'd be slowly boiled. I'm glad the corrupt bastards got greedy/impatient and took a big swing.

1. Sports primarily as a business, catering to owners first, sponsors second, broadcasters third, and then lastly, fans. IMO non-profit sports organizations are the best model for fans, who I identify the most with.

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upvoteby glitchc1 hours ago|
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Per-ticket prices were a big factor too. By turning it into an open bidding process, every ticket sold at close to its market value, and many above that.
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upvoteby skywhopper23 minutes ago|
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And they took a 15% commission on both sides of every aftermarket transaction. I’ve never seen such an overtly avaricious “marketplace”.
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upvoteby tremon3 minutes ago|
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Off in the distance, an app store rings its 30% bell.
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upvoteby haunter2 hours ago|
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The difference that FIFA ran the whole tournament now. There was no Local Organizing Committee (LOC) like with every single previous event.
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upvoteby lossolo1 hours ago|
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> There are many low-hanging fruit that can be optimized to increase that revenue by 10x.

The $15 billion figure is for FIFA's ENTIRE 2023-2026 revenue cycle, so not just this World Cup. But the obvious "low-hanging fruit" was making the tournamenta lot larger (104 matches instead of Qatar's 64), so a lot more tickets, hospitality sales, ads etc

Also two 3 minute hydration breaks per match, giving broadcasters additional advertising windows.

That's your "optimization".

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upvoteby skywhopper25 minutes ago|
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FIFA has announced they plan to officially sell off everything to private investors, dropping all pretense of being a steward of a common good.
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