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FIFA Almighty: 'bigger than the UN'

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By Euronews  with FIFA, REUTERS
FIFA Almighty: 'bigger than the UN'

<p>The headquarters of the almighty <span class="caps">FIFA</span>, football’s world governing body, sit in splendour in Zurich, Switzerland.</p> <p>It was founded by Denmark, France, the Netherlands, Spain, Sweden and Switzerland over 100 years ago.</p> <p>England, the masterminds of the beautiful game, joined a year later in 1905. And the international football federation has been expanding ever since.</p> <h3>‘Bigger than the UN’</h3> <p>Today boasting 209 member states, <span class="caps">FIFA</span> is an even larger organisation than the United Nations, which stands at 193.</p> <p><span class="caps">FIFA</span> rules the planet’s most popular sport with an iron fist. It’s estimated some 500 million people around the world have some sort of connection with football: from club managers, to players to fans and everyone else in between.</p> <h3>Respecting the rules</h3> <p>The organisation’s main mission is to ensure the ‘universality’ of the game, that the rules are respected and to stem the rise of independent leagues and championships.</p> <h3>The World Cup</h3> <p><span class="caps">FIFA</span>’s flagship event is the World Cup. Held every four years, it is the largest source of revenue, to the tune of hundreds of millions of euros.</p> <p>Its bank accounts boast around 1.4 billion euros, most of which comes from the sale of television rights and World Cup sponsors.</p> <p>About 90 percent of <span class="caps">FIFA</span>’s revenue comes from the sale of rights to broadcast the World Cup. In 2010, when the biggest competition on the planet was hosted by South Africa, <span class="caps">FIFA</span> lapped up an estimated 2.2 billion euros in television rights.</p> <h3>Where does the money go?</h3> <p>So, what does <span class="caps">FIFA</span> do with all of its money?</p> <p>According to the <a href="http://www.fifa.com/development/facts-and-figures/index.html">footballing body’s website</a>, “almost 70 percent of <span class="caps">FIFA</span>’s expenditure goes back into football development programmes and financing competitions.”</p>