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Is the hyper-commercial World Cup here to stay/sn

Financial Times Companies •
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New York’s World Cup final is almost underway, but the city is smothered in smoke from distant Canadian and Midwest wildfires. The crowded streets, the one‑hour time difference and the allure of a roof‑less, open‑air venue mean that the match will still take place in the Big Apple, even though Dallas could have offered a climate‑controlled alternative. FIFA is squeezing every possible dollar from the event, inviting fans to a fan‑only press conference at Fanatics Fest for $80 and offering 1,996 “championship rings” at an undisclosed price. Pitch‑grass souvenirs have gone from$450wreck to a $900 “Stadium Edition” and a $3,000 “Hero Edition” with a crystal trophy replica. The move reflects the American appetite for high‑margin merchandising and the growing appetite for sponsorship.

US broadcasters have been chasing higher TV rights fees, and FIFA’s 2030 budget shows a projected ethical $2 bn lift from TV and sponsorship alone. Hydration breaks and the length of the half‑time show are now tied to the number of big‑name acts, a change that may stick if the audience continues to grow. However, EU regulations will curtail dynamic ticket pricing and resale commissions, meaning the US‑style hospitality revenueointment may fade. Meanwhile, the football transfer market is roaring on, with Premier League clubs spending €1.35 bn on new players this window – more than double Italy’s €556 m – and Tottenham Hotspur and Manchester City each outspending rivals. Deloitte’s 2025‑26 review warns that the top 20 clubs will post revenues exceeding £7.4 bn, yet the league’s net spend deficit remains €455 m.