• bitcoinBitcoin(BTC)$83,479.000.08%
  • ethereumEthereum(ETH)$2,689.130.67%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$768.821.20%
  • rippleXRP(XRP)$1.49-0.50%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$118.11-1.08%
  • tronTRON(TRX)$0.3377910.97%
  • zcashZcash(ZEC)$1,419.10-0.13%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.27%
  • HyperliquidHyperliquid(HYPE)$89.513.74%
  • dogecoinDogecoin(DOGE)$0.0947140.82%
  • chainlinkChainlink(LINK)$14.38-0.37%
  • moneroMonero(XMR)$546.050.59%
  • whitebitWhiteBIT Coin(WBT)$83.460.15%
  • USDSUSDS(USDS)$1.000.00%
  • cardanoCardano(ADA)$0.2473760.92%
  • RainRain(RAIN)$0.012286-2.35%
  • leo-tokenLEO Token(LEO)$9.03-0.14%
  • stellarStellar(XLM)$0.2290473.31%
  • nearNEAR Protocol(NEAR)$5.234.49%
  • bitcoin-cashBitcoin Cash(BCH)$306.15-0.46%
  • uniswapUniswap(UNI)$8.860.04%
  • litecoinLitecoin(LTC)$67.08-0.37%
  • CantonCanton(CC)$0.1262290.66%
  • Ethena USDeEthena USDe(USDE)$1.00-0.01%
  • avalanche-2Avalanche(AVAX)$10.86-4.71%
  • suiSui(SUI)$1.170.99%
  • daiDai(DAI)$1.000.00%
  • hedera-hashgraphHedera(HBAR)$0.1040340.91%
  • USD1USD1(USD1)$1.00-0.02%
  • quant-networkQuant(QNT)$296.844.85%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.500.86%
  • BitwayBitway(BTW)$1.33-5.04%
  • BittensorBittensor(TAO)$300.66-1.07%
  • shiba-inuShiba Inu(SHIB)$0.000006-0.83%
  • tether-goldTether Gold(XAUT)$4,157.26-0.28%
  • crypto-com-chainCronos(CRO)$0.067421-0.43%
  • Global DollarGlobal Dollar(USDG)$1.00-0.01%
  • paypal-usdPayPal USD(PYUSD)$1.00-0.01%
  • Pump.funPump.fun(PUMP)$0.005763-1.86%
  • EthenaEthena(ENA)$0.2641176.20%
  • okbOKB(OKB)$121.540.30%
  • aaveAave(AAVE)$161.470.37%
  • OndoOndo(ONDO)$0.500.10%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • Ripple USDRipple USD(RLUSD)$1.00-0.01%
  • MemeCoreMemeCore(M)$1.05-0.38%
  • mantleMantle(MNT)$0.704.01%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.150.08%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Among FIFA Corruption, 3 More Sponsors to Pass on 2018 World

August 3, 2023
in Trade Tube
Reading Time: 1 min read
A A
ShareShareShareShareShare



Three second-tier World Cup sponsors opting not to renew for the 2018 tournament in Russia was normal in sports business, FIFA insisted on Friday. Castrol, Continental and Johnson & Johnson all let their World Cup commercial deals expire in December amid widespread allegations of corruption implicating FIFA executive committee members. The companies were among eight second-tier FIFA partners who collectively paid $524 million to be associated with the 2014 World Cup in Brazil, which earned more than $4 billion for the governing body. The 2018 tournament is expected to earn at least $5 billion with improved broadcasting deals, and a new FIFA marketing strategy to include more sponsors. Though sponsors have been urged to speak out against claims of corruption and FIFA’s unwillingness to reform, none of the three departing backers voiced public criticism. In a statement on Friday, FIFA marketing director Thierry Weil said their leaving was normal. ‘Rotations at the end of a sponsorship cycle are commonplace in the sports industry,’ Weil said. ‘It is natural that as brands’ strategies evolve they reassess their sponsorship properties.’ Five of FIFA’s top 14 commercial partners have left in the past six months. Top-tier sponsors Sony and Emirates declined to renew for a two-tournament deal also covering the 2022 World Cup in Qatar.

Subscribe to TheStreetTV on YouTube:

YOU MAY ALSO LIKE

S&P 500 To 8,300? Rich Ross Explains What Fuels The Rally

Don’t Get Left Behind — CIO Reveals The 6 Stocks To Buy Now

For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:

source

ShareTweetSendSharePin

Related Posts

S&P 500 To 8,300? Rich Ross Explains What Fuels The Rally
Trade Tube

S&P 500 To 8,300? Rich Ross Explains What Fuels The Rally

September 30, 2026
Don’t Get Left Behind — CIO Reveals The 6 Stocks To Buy Now
Trade Tube

Don’t Get Left Behind — CIO Reveals The 6 Stocks To Buy Now

September 30, 2026
The Hands Down Best Coding Model Right Now
Trade Tube

The Hands Down Best Coding Model Right Now

September 30, 2026
Huge Market Reaction! Here Is What You Need To Know
Trade Tube

Huge Market Reaction! Here Is What You Need To Know

September 30, 2026
Next Post
Analysts Actions: Bad News All Around as Stocks Take Cuts

Analysts Actions: Bad News All Around as Stocks Take Cuts

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Nebius Opens 2026 Physical AI Awards: Five 0K Compute Prizes, Nine Judges, and an October 25 Deadline

Nebius Opens 2026 Physical AI Awards: Five $150K Compute Prizes, Nine Judges, and an October 25 Deadline

September 29, 2026
Are 3D Printers Worth Buying In 2026?

Are 3D Printers Worth Buying In 2026?

September 28, 2026
Florida opens first jellyfish museum in the U.S.

Florida opens first jellyfish museum in the U.S.

September 27, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!