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Post by rugbytoffee on Jul 8, 2016 17:52:39 GMT
Revenue at Euro 2016 has increased by 34 percent to €1.93 billion compared to Euro 2012, according to European soccer's governing body UEFA.
The increase was to be expected with the expanded format, from 16 to 24 teams, which has meant more broadcasters buying television rights to the showpiece tournament.
Of the total revenue, €1.05b came from television rights, €480 million from sponsorship and licensing and another €400 m from ticketing and hospitality.
With costs at €1.1b, the income amounts to €830m, with €600m going to the 55 UEFA member associations for the 2016-2020 period.
The rest goes to the governing body to cover organisational costs over the same period.
The June 10-July 10 tournament in France ends on Sunday with France playing Portugal in the Paris final.
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Post by Avinalaff on Jul 8, 2016 19:08:31 GMT
More money for FIFA to siphon off.
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