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

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

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