No World Cup? No problem: FIGC has been consistently profitable since 2010 with 73.4
FIGC has maintained a positive financial position over the past 13 years, with total profits amounting to 73.4 million euros, demonstrating the stability of their financial management.
No World Cup? No problem: FIGC has been consistently profitable since 2010 with 73.4
According to Tuttomercatoweb.
Context
FIGC, the football management organization in Italy, does not own any players and mainly spends on football activities and staff. Their turnover has surpassed 210 million euros in four of the last five years, showing strong growth in this sector.
Why this is important
FIGC's stable financial situation since 2010 shows its ability to effectively manage finances, despite revenue challenges. This not only ensures sustainable development for Italian football but also creates conditions for youth football development activities and training programs.
Main point
- No World Cup? No problem: FIGC has been consistently profitable since 2010 with 73.4.
- FIGC has maintained a positive financial position over the past 13 years, with total profits amounting to 73.4 million euros, demonstrating the stability of their financial management.
- Niente Mondiale? Nessun problema: la FIGC è in attivo dal 2010 per 73.4 millioni.
In Italy, there is an organization that never loses financially, which is Federazione Italiana Gioco Calcio (FIGC). Since 2010, FIGC has always maintained profitability, despite any fluctuations in revenue. Each year, this organization regularly records a deficit of between 4 million and 11 million euros, including peak years like 2021 after winning the Euro with profits of up to 11 million euros. However, there are also years where profits are only around 150,000 euros, as forecast for 2025. This shows that although FIGC's revenues are growing, costs are also growing exponentially.
FIGC operates without owning any players, which means it mainly pays for football operations in Italy and for staff across the country. FIGC's revenue from 2021 to date has surpassed 210 million euros in four of the last five years. If there is a World Cup, the financial situation will certainly be different. However, currently, FIGC still has no financial problems with a total profit of 73.4 million euros over the past 16 years.
Below is a summary of FIGC's financial situation over the years:
- 2010: 939,000 euros
- 2011: 3 million euros (revenue: 181 million euros)
- 2012: 317,000 euros (revenue: 181 million euros)
- 2013: 1.1 million euros (revenue: 173 million euros)
- 2014: 2.8 million euros (revenue: 170 million euros)
- 2015: 4 million euros (revenue: 153 million euros)
- 2016: 5.9 million euros (revenue: 174 million euros)
- 2017: 4.5 million euros (revenue: 162 million euros)
- 2018: 1.8 million euros (revenue: 160 million euros)
- 2019: 1.8 million euros (revenue: 174 million euros)
- 2020: 2.2 million euros (revenue: 169 million euros)
- 2021: 11 million euros (revenue: 230 million euros)
- 2022: 2.5 million euros (revenue: 188 million euros)
- 2023: 2.6 million euros (revenue: 212 million euros)
- 2024: 2.2 million euros (revenue: 224 million euros)
- 2025: 146,000 euros (revenue: 214 million euros)
Total: 73.4 million euros.
With these impressive results, FIGC has proven that they are not only a sports organization but also an effective business in the financial sector.
What happens next
FIGC is expected to continue to maintain a positive financial position going forward, although it may face difficulties if revenues do not grow commensurate with costs. The appearance of major tournaments like the World Cup could bring in greater revenue, but for now FIGC can still operate without financial problems.
Frequently Asked Questions
How has FIGC maintained its financial position since 2010?
FIGC has always been profitable since 2010, despite all fluctuations in revenue.
What is FIGC's total profit over the past 16 years?
FIGC's total profit over the past 16 years is 73.4 million euros.
Why doesn't FIGC have financial problems even though there is no World Cup?
FIGC is not facing financial problems as its revenue from 2021 to date has surpassed 210 million euros in four of the last five years.
Who is the football management organization in Italy?
The football management organization in Italy is Federazione Italiana Gioco Calcio (FIGC).
Are there any years when FIGC recorded the highest profits?
In 2021, FIGC recorded the highest profit of up to 11 million euros after winning the Euro.