FIFA Justifies High Ticket Prices Amid Resale Frenzy for World Cup
FIFA President Gianni Infantino defended the high ticket prices for the upcoming World Cup in the U.S., citing high resale market demand. With tickets reaching up to $2 million, FIFA argues that market rates must apply. The organization faces pressure to lower prices, including advocacy from U.S. lawmakers.
FIFA President Gianni Infantino has justified high ticket prices for the upcoming World Cup matches in the United States, explaining that they reflect the high demand in the resale market. During a speech at the Milken Institute Global Conference in Los Angeles, Infantino addressed the staggering 500 million ticket requests.
Tickets for the World Cup final in July, priced between $2,030 and $6,370, reflect a significant increase from the previous tournament in Qatar. Some tickets have reportedly reached resale prices of $2 million, a figure Infantino suggests does not necessarily mean they will sell at that price.
Critics, including U.S. lawmakers, demand more affordable ticket options. In response, FIFA has introduced a small number of $60 tickets for less desirable seating. Despite backlash, Infantino maintains that the entertainment market drives these prices and aligns with U.S. market trends.
Google News