Euro 2008 made UEFA 250 million Euros

[north york]

http://slam.canoe.ca/Slam/Soccer/2008/07/29/6301561-ap.html


ZURICH, Switzerland - UEFA earned a record 250 million euros (C$394 million) from the 2008 European Championship.

European football's governing body said that is an increase of 27 million euros (C$42 million) from Euro 2004, and would be enough to pay for its youth and women's competitions until 2012 as well as refereeing and coaching programs.

The remainder will be distributed among UEFA's 53 members and toward administrative costs.

UEFA said turnover during three-week tournament in Austria and Switzerland was C$2.04 billion (1.3 billion euros), with more than half the money coming from the sale of broadcasting rights.

At least 155 million people watched each of the 31 matches live on television, UEFA said.

The cost of organizing the event grew from 313 million euros in 2004 to 600 million euros (C$943 million).

UEFA also presented figures on the number of security personnel employed for Euro 2008 (10,000) and the number of match-ticket holders who benefited from free train travel in Austria and Switzerland (4.4 million).

"It would be fair to say that, from an organizational perspective, we have greatly progressed and improved in almost all areas," Euro 2008 chief operating officer Martin Kallen said in a statement.

[SeanKeay]

What? i thought when you host an international tournament you are supposed to lose money?

Or is that a csa thing?

:P

[north york]

No we didn;t lose any money remember? FIFA had to bail us out with a special injection of money that made us 'break even'. Peter Montopoli, oh boy.