# Does FIFA Have a CEO? - Canonical: https://33rdsquare.com/does-fifa-have-a-ceo/ - Published: 2023-11-06 - Author: Nelson Ayers - Categories: [Business & Worth](https://33rdsquare.com/category/games/worth/) --- Unlike a typical corporation, FIFA does not have a Chief Executive Officer (CEO) role. Instead, the organization is led by the FIFA President, who carries out executive functions and oversees FIFA‘s general administration. Currently, Giovanni Vincenzo "Gianni" Infantino of Switzerland serves as the FIFA President. ## Overview of FIFA FIFA stands for Fédération Internationale de Football Association, which is French for International Federation of Association Football. FIFA was founded in 1904 and is headquartered in Zurich, Switzerland. FIFA serves as the international governing body for association football, futsal and beach soccer. It oversees major international tournaments like the FIFA World Cup as well as the rules and regulations of the sport. FIFA has 211 member football associations and its stated goal is to develop and promote the game around the world. While the FIFA President acts as head of the organization, the **FIFA Council** serves as the main decision-making body. The 37-member Council represents the various regional football confederations. The FIFA Congress, which includes representatives from each member association, meets once a year. It votes on items like FIFA presidential elections and selecting host countries for the World Cup. ## Gianni Infantino‘s Role as FIFA President Gianni Infantino has served as FIFA President since 2016 after being elected to replace Sepp Blatter. He was re-elected to a second four-year term in 2019. As President of FIFA, Infantino: - Oversees the general administration of FIFA - Leads the FIFA Council and Football Stakeholders Committee - Represents FIFA officially at events and meetings - Works to reform and improve the image of FIFA Prior to becoming President, Infantino was the Secretary General of UEFA, European football‘s governing body. He worked his way up through various administrative roles related to soccer and sports law. **Infantino‘s net worth** is estimated to be around **$10 million**. In his role as FIFA President he earns an annual salary of $2 million, along with other bonuses and benefits. ## FIFA‘s Revenues and Profitability For the 2019-2022 financial cycle, encompassing the Qatar World Cup, **FIFA‘s revenues are projected to be $7 billion**. The majority comes from the sale of broadcasting, licensing, hospitality rights, and ticket sales related to the men‘s World Cup held every four years. FIFA booked revenues of _$5.69 billion_ from broadcasting rights to the 2018 men‘s World Cup. Sponsorship rights and licensing added another _$1.6 billion_. FIFA generally operates at a profit due to these revenues from the quadrennial men‘s World Cup. Estimated profits for 2019-2022 are around **$100 million**. However, FIFA‘s accounts also show high administrative costs and large reserves over $2 billion. Calls persist for more transparency and fiscal responsibility from the organization. ## Controversies and Reform Efforts FIFA has long faced criticisms about lack of accountability and allegations of widespread corruption, bribery, and vote-buying related to World Cup bids and broadcast deals. These issues came to light during the 2015 FIFA corruption scandal that led to the arrest and resignation of top FIFA officials. Infantino ran for FIFA President promising reforms. During his tenure, FIFA‘s ethics and compliance functions have been restructured. New policies have also been implemented related to human rights protections. However, Infantino‘s leadership has still faced scrutiny. In 2020, the opening of criminal proceedings against him was authorized in Switzerland, though no charges have yet resulted. ## FIFA‘s Changing Relationship with EA Sports FIFA has enjoyed a highly profitable relationship with EA Sports and their FIFA video game series through licensing agreements. The partnership with EA accounted for **$150 million** in high-margin annual revenue for FIFA. However, in May 2022, EA announced that the series will be rebranded EA Sports FC starting in 2024 after the licensing deal expires. FIFA is expected to launch its own rival soccer simulation game beginning next year. This split ends over two decades of partnership between the organizations. The future games will be missing key elements like World Cup branding and commentator likenesses closely associated with the FIFA series. However, EA is likely to retain most player and league licensing rights. This look at FIFA‘s governance, leadership, and finances provides perspective on the prominent but often controversial non-profit sports organization. While FIFA lacks a CEO, its commercial interests and operations continue to have massive global influence under Infantino‘s presidency. --- Source: [Does FIFA Have a CEO?](https://33rdsquare.com/does-fifa-have-a-ceo/)