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World soccer governing body
FIFA is considering a trans-Atlantic shift by taking its headquarters from
Switzerland to the United States.
The move from Zurich, where a
$200-million headquarters was opened in 2007, to a yet-not-decided location on
the east or west coast of the US eyes expanding the world soccer governing
body’s global profile and growing its multi-billion-dollar business.
FIFA is considering several factors,
such as work visas and tax breaks, according to The New York Times. The focus will
be on sponsorships and broadcast rights that makes sports lucrative. An
indication is that FIFA’s reported revenue in 2018 was $4.6 billion.
Large US population
FIFA, which has been in Zurich
since 1932, revealed its interest in decentralizing the operations in June by
opening another office in Paris.
“Our aim of making football
global also means FIFA needs a more balanced and global organizational set up,”
President Gianni Infantino said at the opening of the Paris office.
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Infantino’s enthusiasm for a
US shift apart, the move to the US shores is unlikely to be relished by a huge
section of FIFA officials who will then be placed in the geographical jurisdiction
of US law.
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