Clipper Nation
04-07-2017, 02:35 PM
...why can't it stop losing money?
FIFA finances showed a loss of $369 million last year as American and Swiss corruption investigations added legal costs to the soccer body's budget and scared off sponsors.
An even bigger loss is expected next year, FIFA said Friday after publishing its 2016 accounts, which reflect a new way of reporting income.
http://www.whio.com/sports/fifa-losses-hit-369m-2016-targeting-2018/XIo1KC9YSZPSDJwBdsc9aI/
:lol Povertyball
:lol Even its governing body is poor
FIFA finances showed a loss of $369 million last year as American and Swiss corruption investigations added legal costs to the soccer body's budget and scared off sponsors.
An even bigger loss is expected next year, FIFA said Friday after publishing its 2016 accounts, which reflect a new way of reporting income.
http://www.whio.com/sports/fifa-losses-hit-369m-2016-targeting-2018/XIo1KC9YSZPSDJwBdsc9aI/
:lol Povertyball
:lol Even its governing body is poor