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Infantino earns 33% pay rise to .66 million

Infantino earns 33% pay rise to $4.66 million

March 18 – FIFA President Gianni Infantino has secured a 33% pay rise to run world football and now earns an eye-watering CHF 4.13 million ($4.66 million). FIFA grants its national federations $2 million annually.

FIFA has revealed the previously undisclosed information in its latest financial report, taking together his base salary and bonuses.

The amounts were disclosed by FIFA’s compensation subcommittee, comprising retired Indian judge Mukul Mudgal, FIFA vice-president Alejandro Dominguez – head of Conmebol – and Swiss accountant Bruno Chiomento.

The rise was apparently applied during last year, his base pay raised to CHF 2.6 million ($2.9 million) following his re-election for a third term, along with a bonus of CHF 1.65 million ($1.86 million) – the same as the previous year.

Infantino, who has long banged the drum for equal prize money between men and women players, will now earn the CHF 2.6 million rate – plus any annual bonus – for the rest of his current term that expires in 2027.

He can technically then earn even more if he remains in power until 2031 after securing backing from the FIFA Council in 2022 to allow him to seek a fourth term beyond an envisaged 12-year term limit, by disregarding his first partial term that was completing​ the three years of banned predecessor Sepp Blatter’s mandate.

To be fair, Infantino is earning less than Blatter did but still enjoys a lavish lifestyle, jetting around the world on FIFA business with all his expenses and benefits paid.

He had a home in Qatar to oversee preparations for the 2022 World Cup and now spends time in Florida, where FIFA has offices, ahead of the United States co-hosting the next men’s World Cup with Canada and Mexico. Interestingly, Florida does not have a state income tax.

Contact the writer of this story at moc.l1710777438labto1710777438ofdlr1710777438owedi1710777438sni@w1710777438ahsra1710777438w.wer1710777438dna1710777438

 


Source link : https://www.insideworldfootball.com/2024/03/18/infantino-earns-33-pay-rise-4-66-million/

Author : Paul Nicholson

Publish date : 2024-03-18 15:55:11

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