The Fédération internationale de football association (FIFA)
The Fédération internatio
Subscribe to the company
The Fédération internationale de football association (FIFA)

Companies

The Fédération internationale de football association (FIFA)

The Fédération internationale de football association (FIFA)

Sport

Description

The Fédération internationale de football association (FIFA) is the international governing body of association football, beach soccer, and futsal. It was founded in 1904 to oversee international competition among the national associations of Belgium, Denmark, France, Germany, the Netherlands, Spain (represented by the Madrid Football Club), Sweden, and Switzerland. Headquartered in Zürich, Switzerland, its membership now comprises 211 national associations. These national associations must also be members of one of the six regional confederations into which the world is divided: CAF (Africa), AFC (Asia and Australia), UEFA (Europe), CONCACAF (North & Central America and the Caribbean), OFC (Oceania), and CONMEBOL (South America).

FIFA outlines several objectives in its organizational statutes, including growing association football internationally, providing efforts to ensure it is accessible to everyone, and advocating for integrity and fair play.

It is responsible for the organization and promotion of association football's major international tournaments, notably the World Cup which commenced in 1930, and the Women's World Cup which began in 1991. Although FIFA does not solely set the laws of the game, that being the responsibility of the International Football Association Board of which FIFA is a member, it applies and enforces the rules across all FIFA competitions. All FIFA tournaments generate revenue from sponsorships; in 2022, FIFA had revenues of over US $5.8 billion, ending the 2019–2022 cycle with a net positive of US$1.2 billion, and cash reserves of over US$3.9 billion.

Reports by investigative journalists have linked FIFA leadership with corruption, bribery, and vote-rigging related to the election of FIFA president Sepp Blatter and the organization's decision to award the 2018 and 2022 World Cups to Russia and Qatar, respectively. These allegations led to the indictments of nine high-ranking FIFA officials and five corporate executives by the U.S. Department of Justice on charges including racketeering, wire fraud, and money laundering. On 27 May 2015, several of these officials were arrested by Swiss authorities, who launched a simultaneous but separate criminal investigation into how the organization awarded the 2018 and 2022 World Cups. Those among these officials who were also indicted in the U.S. are expected to be extradited to face charges there as well.

Many officials were suspended by FIFA's ethics committee including Sepp Blatter and Michel Platini. In early 2017, reports became public about FIFA president Gianni Infantino attempting to prevent the re-elections of both chairmen of the ethics committee, Cornel Borbély and Hans-Joachim Eckert, during the FIFA congress in May 2017. On 9 May 2017, following Infantino's proposal, FIFA Council decided not to renew the mandates of Borbély and Eckert. Together with the chairmen, 11 of 13 committee members were removed. FIFA has been suspected of corruption regarding the Qatar 2022 FIFA World Cup.

Rating GlobalNY.biz

Take place
general
№356
general
Take place
area
№15
In rating
Sport
area

Subordinate organizations

View all

NEW YORK COMPANIES


New York business portal GlobalNY.biz includes a huge directory of organizations operating in New York. Here you can easily find all the necessary information about the company. The organization card contains a full info page with a detailed description of the company's activities, logo, contact details and a link to the organization's official website. The reader can also immediately familiarize himself with the staff of the company, see the latest press releases and news block, and also see what line of the rating the company occupies. The rating of a member of the GlobalNY.biz business portal is calculated based on the number of mentions in the New York news and posted press releases containing information about the organization's activities and its achievements. You can also rise in the rating by publishing vacancies, as well as the number of registered persons. At the same time, company representatives can independently see how many times the company's card has been viewed on GlobalNY.biz, as well as promptly correct the information.
We pay special attention to the multifunctionality of the "Companies" section. For your convenience, there is a search box, as well as an industry heading.
New York Business Portal is always up-to-date database of New York enterprises!
Alena Potapova

Development Director
Population
8175656248
Died this year
57415074
Born this year
141251244