SportBusiness.com

World Cup hospitality hit by recession

Horst R. Schmidt, head of ticketing for next year’s FIFA World Cup in South Africa, has said the demand for corporate tickets is lower now than in the previous edition of the tournament.

According to Bloomberg, Schmidt did not disclose exact figures of current corporate ticket sales, but said in Germany’s World Cup in 2006 they sold close to 230,000 packages.

Nearly 380,000 seats are available to the corporate market from FIFA and its hospitality partner MATCH.  Just under half are in 'sky boxes' spread across the 10 World Cup stadiums.

“We have to consider the development in the financial crisis worldwide. Invitations from companies to their clients may be different now then they were three years ago,” he said.

Schmidt is the general secretary of the German football association and one of the driving forces behind the success of the 2006 World Cup as vice-president of the German local organising committee.