Big news for profits in Women’s World Cup
July 25, 2011
The 2011 women’s World Cup in Germany made a net profit of $ US10.9 million
The announcement in Frankfurt said that the projected income from the June 26-July 17 tournament was $ US 72.7. Nearly half of the money came from ticket sales which totalled 782,000.
Lower than planned out goings and high incoming contributed to this and was a ‘tremendous financial success’ announced German football federation president Theo Zwanziger said spending had been lower and ticket sales higher than planned, contributing to the tournament’s “tremendous financial success.”
7.18 million Dollars will be reinvested in promoting women’s football, and 1 million to German sport, including the Olympic organization, sport for the disabled and a sports aid foundation.
Good news for the stadium operators as they will also receive an additional 28,000 US Dollars per match played at their venues.