FIFA

FIFA Forms Qatar Joint Venture For 2022 World Cup

By Taruka Srivastav | February 6, 2019

FIFA and Qatar have announced a joint venture to deliver the 2022 FIFA World Cup.

As per the joint venture, the new body FIFA World Cup Qatar 2022 LLC will be responsible for the planning and delivery of operations and services for the tournament.

FIFA World Cup Qatar 2022 LLC is a limited liability company wherein FIFA will hold 51% of the shares, and the Qatar 2022 Local Organising Committee will hold 49%.

FIFA Secretary General Fatma Samoura said: “Today we take a major step in the organisation of the biggest single-sport event in the world. Created in accordance with the FIFA President’s vision and together with our Qatari counterparts, the joint venture aims to reorganise the way we work at the operational front and avoid inefficiencies.

“I am convinced that this new approach to planning, delivery and legacy, always hand in hand with our colleagues based in Qatar, will help to ensure that the World Cup continues to be the most eagerly awaited event by billions of fans worldwide.”

H.E. Hassan Al Thawadi, said: “The formation of this new joint venture comes at a strategically important time on Qatar’s World Cup project, as we shift our focus from delivering stadiums, training pitches and the transportation required for 2022, to fan and player experience and event operations.”

 

FIFA