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FIFA Women’s World Cup 2011 declared ‘financial success’ – July 22nd
The FIFA Women’s World Cup 2011™ has proved exceptionally successful from a financial point of view, the Local Organising Committee (LOC) announced following publication of provisional results from the tournament.
Based on current income and expenditure forecasts, the LOC anticipates a surplus before taxes of €10.6 million, although the figure is subject to change depending on a final audit and cash flow evaluations. Corporation and municipal business taxes due to the German authorities come to approximately €3 million, leaving a net surplus of some €7.6 million.
Full Article >> FIFA.com