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      • Main page News Events News & Events
      • FIFA Facing Staggering $70 Million Blow After World Cup Beer Ban

       Published by: Mana Honar Pisheh

      Dec,08 2022


       

      FIFA could be set for a massive payout after Qatar announced beer wouldn’t be sold inside stadiums at the World Cup as supplier Budweiser deals with a whopping surplus of alcohol.The sale and consumption of alcohol is legal in Qatar but is strictly controlled, with drinks typically only available in hotel bars and restaurants at an inflated price.

      It’s a bitter blow for FIFA, who are now staring down the barrel of potential legal action from major sponsor Budweiser for breach of contract, with the American company having paid some $112m to win the sponsorship rights.

      Budweiser currently holds a $112 million deal to sell beer at this FIFA World Cup in Qatar.The deal extends to $170 million for the 2026 FIFA World Cup. Budweiser will be looking to knock off a $71 million fee for the FIFA 2026 World Cup because of the Qatar drama. It’s bad news for official beer sponsor Budweiser, which is now looking for compensation following the shock U-turn.

Tradex Mena is a consulting group with 25 years of experience in the MENA region, particularly in the UAE and Turkey, offering services like market research, strategy advisory, business development, and investment advisory. Additionally, it operates a B2B platform for connecting buyers and sellers, facilitating investment opportunities and project collaborations.

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  • Tradex Mena International Consulting Group L.L.C-FZ
  • 6th Floor, Business Center, The Meydan Hotel Grandstand, Meydan Road, Nad Al Sheba, Dubai, United Arab Emirates
  • Phone: +971 50 240 9735
  • Email: info@tradexmena.com
  • TRADEX INTERNATIONAL CONSULTING DANIŞMANLIK itH. iHr. ve TiC. LTD. ŞTi. Tomtom Mah. istiklal Cad. Beyoğlu iş Merkezi No.187 iç Kapr No: 4 Beyoğlu/iSTANBUL Beyoğlu V.D. 8591125255
  • Phone: +90 531 640 4133
  • Email: info@tradexmena.com
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