Even though he is not popular in the football community, Infantino got re-elected for another four years.
According to a report by Reuters, FIFA’s present president, Gianni Infantino, has been re-elected as the president of the governing body on Thursday during the 73rd Congress held in Kigali. Infantino’s re-election was merely a formality because he stood unopposed.
For the record, Infantino is a very unpopular figure among the member associations for several reasons, including the plan to organize the FIFA World Cup every two years instead of the usual four.
After getting re-elected for the 2023-2027 cycle, Infantino said that he would generate 11 billion US dollars in revenue in the next four years.
Infantino also highlighted that FIFA’s revenue has increased significantly in the 2019–2022 cycle and will continue to rise through the FIFA Men’s and Women’s World Cups. The introduction of a 32-team Club World Cup tournament will also help FIFA earn a huge amount of cash.
"Revenues rose to a record $7.5 billion (to 2022) in a period that was hit by COVID-19. When I arrived, FIFA reserves stood at around $1 billion, today they are at almost $4 billion. We promise new record revenues for the next cycle of $11 billion, and the new Club World Cup is not included in that figure, so it could increase by a couple of billion (more)," the president added.
"We must improve our regulations and the FIFA statues. We will continue to evolve our good governance principles and look at the transfer system, and maybe have a discussion to improve transparency of transfer fees and salaries. It might be necessary to introduce a cap, we have to think how we can do that. We will look at it with all stakeholders and see what we can do," Infantino concluded.
