The World Cup in Brazil wasn’t just a sporting success for the German FA (DFB), but it was also a successful tournament financially. When defining the extra budget for the World Cup, the DFB envisaged a surplus of 3.41 million euros should Germany win the title. After all calculations have been made and the exchange rate from dollars into euros has been considered, the final sum has ended up at 4.564 million euros. As per the existing agreement between the DFB and the German Football League (DFL), the league association receives half of the generated sum, which in this case is 2.282 million euros.
Reinhard Grindel, treasurer of the DFB: “To come to this result is of course first and foremost down our great team. But it is also the result of some excellent planning and disciplined budgetary management from the experienced staff at the DFB. Especially considering the logistical challenges faced and the consequent expenditures in Brazil, this financial result is particularly pleasing. Our share of the surplus will go into the DFB’s budget, which we as a non-profit organisation reinvest in various areas, from youth development to prevention work.”
Independent of the extra World Cup allocation, the Germany players, the DFB’s Egidius Braun Foundation, the Bundesliga Foundation and the children’s missionary project “Die Sternsinger” put 564,500 euros towards helping underprivileged children in Brazil. More than 15 projects near the team headquarters and in the World Cup host cities have been provided with support. The children’s missionary project has set up a fund that will support projects for children and young adults in north-eastern Brazil over the next four years.
The World Cup in Brazil wasn’t just a sporting success for the German FA (DFB), but it was also a successful tournament financially. When defining the extra budget for the World Cup, the DFB envisaged a surplus of 3.41 million euros should Germany win the title. After all calculations have been made and the exchange rate from dollars into euros has been considered, the final sum has ended up at 4.564 million euros. As per the existing agreement between the DFB and the German Football League (DFL), the league association receives half of the generated sum, which in this case is 2.282 million euros.
Reinhard Grindel, treasurer of the DFB: “To come to this result is of course first and foremost down our great team. But it is also the result of some excellent planning and disciplined budgetary management from the experienced staff at the DFB. Especially considering the logistical challenges faced and the consequent expenditures in Brazil, this financial result is particularly pleasing. Our share of the surplus will go into the DFB’s budget, which we as a non-profit organisation reinvest in various areas, from youth development to prevention work.”
Independent of the extra World Cup allocation, the Germany players, the DFB’s Egidius Braun Foundation, the Bundesliga Foundation and the children’s missionary project “Die Sternsinger” put 564,500 euros towards helping underprivileged children in Brazil. More than 15 projects near the team headquarters and in the World Cup host cities have been provided with support. The children’s missionary project has set up a fund that will support projects for children and young adults in north-eastern Brazil over the next four years.
