The Nigeria Football Federation is set to receive $19m every four years from FIFA if the biennial World Cup plans see the light of the day.
FIFA held a virtual global summit on Monday to discuss its plans to stage the World Cup every two years instead of the current four-year cycle, as part of a new international match calendar for the period beyond 2024.
At the meeting, the world body vowed to hand over an extra $19m every four years to each of its 211 member federations, if it succeeded in its attempt to hold the World Cup every two years.
Although its economic arguments were not explicitly stated before, FIFA hopes the numbers can at least persuade smaller nations to get behind the plans.
An independent report by market researchers at Nielsen estimated that if the World Cup is held every two years, an approximate $4.4bn of additional revenues would be generated over four years.
The report also suggested that income from gate receipts, media rights and sponsorship for a 48-team tournament — as the World Cup is set to become from 2026 — could increase from $7bn to $11.4bn, a rise of more than 60 per cent.
