• Get involved.
    We want your input!
    Apply for Membership and join the conversations about everything related to broadcasting.

    After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
    If you use a disposable or false email address, your registration will be rejected.

    After your membership is approved, please take a minute to tell us a little bit about yourself.
    https://www.radiodiscussions.com/forums/introduce-yourself.1088/

    Thanks in advance and have fun!
    RadioDiscussions Administrators

Inquiry: FIFA Gave World Cup Rights to Fox in Order to Dodge Lawsuit

http://adage.com/article/media/fifa-admist/309601/

This is about how Fifa handled TV deals.

Whether through rank incompetence or sheer corruption, when FIFA awarded Qatar the rights to host the 2022 World Cup it effectively cost itself millions in future TV fees and all but guaranteed that Fox and Telemundo would both make a tidy profit on the 2026 tournament.
In a document released today, international soccer's governing body effectively owned up to the fact that it all but gave away the rights to the 2026 World Cup to avoid getting dragged into court by Fox.


An inquiry into the bidding for the hosting rights to the 2018 and 2022 World Cup, FIFA's 353-page doorstop offers some insight into the events of February 2015, when it extended its U.S. TV deals with Fox and Telemundo in a closed auction. At the time, it was suspected that FIFA had granted the extensions at a bargain rate in order to mollify Fox, which was furious that the choice of Qatar as the host nation would necessitate shifting the 2022 World Cup from the summer to the fall.
As it turns out, FIFA's generosity was actually a profligate means of sidestepping an even more expensive legal entanglement.
'Some issues'
On page 293 of the document, former FIFA Ethics Committee chairman Michael J. Garcia notes that the likelihood of having to reschedule the 2022 World Cup (the average summer temperature in Qatar is a scalding 106ºF) proved to be a bone of contention for Fox and Telemundo.
"The TV partners in the USA … did have some issues, as there would be a clash with the American football season," Garcia wrote. "For which reason, it had been agreed to extend the contract with Fox in exchange for an undertaking not to act against FIFA should the 2022 World Cup be moved to winter."
In other words, Fox agreed to not drag FIFA into court in exchange for the extension, which was signed over at a fraction of the original $425 million contract. (That initial package includes the 2015 and 2019 Women's World Cup and the 2018 and 2022 men's tourney.) If things go according to plan and North America wins the right to host the 2026 World Cup, Fox will pay FIFA an undisclosed bonus fee.
The document released today quotes FIFA secretary general Jerome Valcke telling the investigatory board that in exchange for Fox's willingness to accept a rescheduling of the 2026 World Cup, "we agreed that we will extend with Fox for the same price as what they pay for 2022, plus inflation costs."
 
Status
This thread has been closed due to inactivity. You can create a new thread to discuss this topic.


Back
Top Bottom