<p><span>The total economic impact of the football championship for Russia in the period since 2013 is estimated at 867 billion rubles in 2018</span><span><span style="font-size: medium;" size="3">. <span>Costs for the championship amounted to $ 13.2 billion</span>.</span></span></p><p><span>FIFA will earn at the World Cup, which starts in Russia on June 14, a record $ 6.1 billion. <span>FIFA's revenue from the 2018 World Cup will be 10% higher than planned, and $ 1.3 billion more than the organization earned from the four-year-old football championship in Brazil, The New York Times reported, citing FIFA financial documents</span></span><span><span style="font-size: medium;" size="3">.</span></span></p><p><span>FIFA earned $ 4.8 billion</span> at <span>the World Cup in Brazil in 2014</span><span><span style="font-size: medium;" size="3">. <span>Four years earlier - in South Africa for 2010 World Cup - the organization revenues totaled $ 3.9 billion.</span></span></span></p><p><span>Russia's spending on hosting the 2018 World Cup is estimated at $ 13.2 billion</span><span><span style="font-size: medium;" size="3">. <span>The Russian government estimates the total economic effect from the 2018 World Cup in the period from 2013 to 2018 at 867 billion rubles (1% of annual GDP)</span>.</span></span></p><p><span>From financial documents of FIFA follows that the revenue of the organization from the sale of television rights was 2% higher than the amount of $ 3 billion, which counted the sports officials</span><span><span style="font-size: medium;" size="3">. <span>This is an additional $ 60 million</span>. <span>The revenues from sponsorship contracts were $ 200 million more</span>. <span>Twenty largest sponsors of the tournament paid $ 1.65 billion for contracts, instead of the projected $ 1.45 billion</span>. <span>Fees increased by 233%, received by FIFA from the creator of computer games EA Sports for the football simulator FIFA 18</span>. <b></b><span>In 2017, the company paid $ 160 million to the organization</span>.</span></span></p><p><span>The growth of revenues from sponsorship contracts was caused by the invasion of Chinese companies - seven of them were among the 20 sponsors of the 2018 World Cup (at the World Cup in 2014, there was only one Chinese sponsor among the sponsors)</span><span><span style="font-size: medium;" size="3">. <span>The edition reminds that in 2015, Chinese President Xi Jinping demanded to develop the economy of sports in the country with special emphasis on football.</span> <span>In addition, Chinese companies have come to the place of Western companies that are afraid to conduct business with FIFA amid an anti-corruption investigation initiated by the US Department of Justice against former head of the organization Josef Blatter and a number of his associates in 2015</span>. <span>Since 2011, FIFA hasn't signed any contract <span id="result_box" lang="en"><span tabindex="-1">with any new sponsor from among the large Western companies.</span></span></span></span></span></p><p><span>FIFA plans to present its financial performance to its 211 members the day before the opening of the 2018 World Cup in Russia - on Wednesday, June 13.</span><span><span style="font-size: medium;" size="3"> <span>The organization estimates its profits for a four-year period ending after the end of the championship in Russia, at just over $ 100 million.</span> <span>For the first three years after the championship in Brazil, FIFA lost $ 997 million.</span> <span>This is due to legal costs caused by conducted in the United States anti-corruption investigation against FIFA and costly internal investigation that followed the the accusations against the organization</span>. <span>As well as the introduction of new, more modernized accounting system</span>. <span>And a significant increase in grants for FIFA member countries</span>. <span>For two years, the organization is headed by Gianni Infantino, they were allocated $ 775 million (for the four years preceding the World Cup in Brazil in 2014, Sepp Blatter provided grants totaling $ 1.1 billion).</span></span></span></p><p><span style="font-family: Calibri; font-size: medium;" face="Calibri" size="3"> </span></p><h2><strong><span style="font-family: Times New Roman; font-size: xx-large;" face="Times New Roman" size="6"><span>Russia's incomes from the 2018 World Cup</span></span></strong></h2><p><span>Russia's spending on hosting the 2018 World Cup is estimated at $ 13.2 billion</span><span><span style="font-size: medium;" size="3">. <span>The Russian government estimates the total economic effect from the 2018 World Cup in the period from 2013 to 2018 at 867 billion rubles, which is equivalent to 1% of annual GDP.</span></span></span></p><p><span>Previous host country of the World Cup - Brazil, has increased its GDP due to the event at 0.55%.</span></p><p><span>Analysts of the international rating agency Moody's Investors Service believe that Russia's economic benefit from the FIFA World Cup 2018 will be simultaneous and will be insignificant in comparison with the overall size of the Russian economy.</span></p><p><span><span style="font-size: medium;" size="3">«<span>A significant part of the economic consequences are already felt at the <span>investments</span> expense in infrastructure, but even in this part the effect is limited. <span>Investments in the World Cup 2018 for the period from 2013 to 2017 amounted to only 1% of total investment</span></span>», — <span>says in report </span>«<span>Russia: WC-2018 will have a variable short-term effect for issuers with the highest rating</span>», <span>published two weeks before the start of the championship</span>.</span></span></p><p><span><span style="font-size: medium;" size="3">«<span>Games will last only a month, and related economic incentives fade against the backdrop of the size of the Russian economy at $ 1.3 trillion</span>», — <span>explained the senior vice president and analyst at Moody's Christine Lindou</span>. <span>She stressed that the agency doesn't expect that the 2018 World Cup will make a significant contribution to Russia's economic growth.</span></span></span></p><p><span>The Football World Cup will be held in Russia for the first time from June 14 to July 15, 2018</span><span>. <span>Matches will be held at 12 stadiums in 11 cities including Moscow, St. Petersburg, Volgograd, Yekaterinburg, Kazan, Kaliningrad, Nizhny Novgorod, Rostov-on-Don, Samara, Saransk and Sochi.</span></span></p><p> </p><p> </p><p><span>According to the source</span>: <strong><a href="http://www.forbes.ru/biznes/362985-fifa-zarabotaet-na-chempionate-mira-v-rossii-rekordnye-61-mlrd">Forbes.ru</a></strong></p>