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FIFA Gives Members $200 Million Bonus to Soccer Bodies

June 11 (Bloomberg) -- Soccer’s global governing body will pay its 209 national member associations and six regional confederations bonuses totaling $200 million after it hailed this year’s World Cup in Brazil a financial success.

At its annual meeting in Sao Paulo, where Brazil meets Croatia tomorrow in the opening World Cup, FIFA’s deputy general secretary Markus Kattner said this year’s tournament will generate $4.5 billion. FIFA had estimated the monthlong event would bring in $3.8 billion.

National associations will be given $750,000 each, while confederations will receive two payments that total $7 million. The bonuses are almost 40 percent higher than the ones given after the South Africa World Cup four years ago.

FIFA President Sepp Blatter, hoping to be re-elected to a fifth term next year, told delegates in meetings over the past two days that they “would be happy” with the bonuses.

To contact the reporter on this story: Tariq Panja in Rio de Janeiro at tpanja@bloomberg.net

To contact the editors responsible for this story: Christopher Elser at celser@bloomberg.net

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