GENEVA (AP) - The 2014 World Cup is the most valuable, lucrative and expensive in FIFA history.
With 3 million tickets available to buy, the 64-match tournament is almost sold out.
Taxpayers are picking up the biggest bill, with the country of 200 million people running up costs several times more than FIFA to stage the world’s most-watched sports event.
The $14 billion total is the predicted spending on building and renovating 12 stadiums, upgrading federal, state and city infrastructure, plus security plans to welcome the 32 teams and around 600,000 expected visitors.
The spending fueled unrest in Brazil, especially during the Confederations Cup last June, among those wanting better schools, hospitals and less government corruption.
FIFA forecasts it will spend $2 billion on the 2014 tournament, including the local organizing committee costs.
The federations also share $48 million from FIFA to prepare for the tournament, and $70 million goes to (mostly European) clubs whose players are selected.
The $35 million first prize is less than 1 percent of the governing body’s revenue banked directly from its marquee event over a four-year commercial cycle.
Broadcasters and sponsors pay most of FIFA’s $4 billion income.
European television networks have paid the majority of the nearly $1.7 billion, so far, in rights fees to FIFA, according to the past three years of financial reports.