FIFA Could Make Billions From the World Cup. Host Cities Will Get Little in Return.
1mon 15d ago by lemmy.dbzer0.com/u/technocrit in losangeles from www.propublica.org
- Lopsided Contracts: Experts say World Cup contracts lock host cities out of prospective revenues more than ever, leaving FIFA with a larger share of the revenue.
- Texans on the Hook: A Texas taxpayer-funded program helps cover costs, but the state struggles to calculate whether there is a benefit.
- Lacking Transparency: Many cities have fought the release of their contracts with FIFA. Those that are public have key cost and revenue information redacted.