SportBusiness.com

WORLD CUP PAY OFF FOR GERMANY

Tagged in , &

Hosting the 2006 FIFA World Cup provided a massive financial boost to German football.

The German Football Association (DFB) and German Football League (DFL) will each receive a sum of €28.25 million after the DFB reported a pre-tax profit of €135 million from the organising and staging of the tournament.

Of the €135 million, €40.8 million goes to FIFA leaving the DFB and DFL to split €56.5 million between them after tax. The DFB said that funds would be distributed to among other areas, school football and women's football. The German Olympic Federation will receive €5 million and donations will be made to sporting charities.

The country also enjoyed a boost due to increased tourism and retail figures from hosting the World Cup.