Freedom of Information Act request shows governments are naming one sided deals with FIFA costing taxpayers billions while all the profits generated go to FIFA
The deals even include secret tax exemptions so FIFA won’t have to share any of their profits
Another report shows taxpayers never get back the money by tourism, “12 of the last 14 World Cups have lost money for their host nations”
This is another example of socialized losses and privatized profits
Taxpayers pay for the stadium upgrades, security and everything that goes along with FIFA, and FIFA gets to keep all the profits for themselves
Everything is a scam
I found that nationwide in America taxpayers could lose $5 billion dollars with these secret deals, while FIFA is expected to gain $13 billion