-
Bayern boss Kompany out of hospital after meningeal irritation
-
Putin hails Elon Musk as 'truly a genius'
-
Shares in Google owner Alphabet sink on profit miss, ad slowdown
-
US stocks eye big tech earnings as Fed holds rates steady
-
Chelsea win as Bayern and Madrid draw in Women's Champions League
-
US Fed holds interest rates steady despite 'too high' inflation
-
Made with munitions from the Falklands War, a 'Chalice of Peace' for the pope
-
Rwanda cannot be blamed for what happens in DR Congo, FM says
-
Pioneering US labor leader Dolores Huerta dies at 96
-
Inter leave it late again in Serie A as Bologna sink AC Milan
-
Italian PM slams 'shameful' release of alleged protest organiser
-
Bolsonaro's escape to the US: How it happened
-
Hollywood producer Kennedy to head LA28 Olympic ceremony plans
-
Russell calls on Scotland to 'kick on' and beat big teams
-
Djokovic wins Basel opener to boost ATP Finals bid
-
Airbus aims for record deliveries despite disappointing quarter
-
US Fed holds interest rates steady despite surging inflation
-
Cuba wins UN vote against US embargo with weakest backing in 30 years
-
Chiefs sign ex-Ravens kicker suspended over sex allegations
-
Real Madrid, La Liga apology over Mbappe shows power of Chinese market
-
Inglis and Carey put Australia in command of South Africa decider
-
From Gaza to Ramallah, Palestinians see little hope in Israeli vote
-
92-year-old US judge handling Maduro case dies
-
US labor leader Dolores Huerta dead: family
-
Perez extends Cadillac deal to 2029
-
Investors turn cautious ahead of tech results, Fed update on rates
-
Arab Israelis proud of high election turnout, uncertain for future
-
'Cruise for life' strands passengers in Cambodia as operator goes bust
-
Inglis, Carey put Australia in command of South Africa decider
-
Bolsonaro flees Brazil for US after election defeat
-
French firm Safran helps build aircraft wings of the future in UK factory
-
A throne on wheels, popemobiles star in new Vatican show
-
Ceasefire in Russia-occupied Ukrainian city holds for second day
-
Spain high-speed train crash kills 68, injures over 100
-
Canada hikes rates to contain oil price surge caused by Iran war
-
UK woman drugged by husband tells rape trial she woke up bound
-
World Bank warns of worsening food insecurity as commodity prices soar
-
Clean-up starts as Serbian students movement prepares to govern
-
Mona Lisa scrubbed from Syrian textbooks as critics slam conservative drift
-
Flavio Bolsonaro: right-wing heir falls from presidential hopeful to exile
-
Bolsonaro flees Brazil for US after election defeat: AFP
-
UK budget lifts bank tax to offset surging energy bills
-
Brazil's Bolsonaros: between power, prison, and exile
-
Spain high-speed train collision kills 64, injures over 100
-
Israel president urges against new vote despite inconclusive result
-
Brazil's Bolsonaro lands in Florida after election defeat: AFP
-
Eala recovers to move into Tokyo quarter-finals
-
Russia woos African leaders at Moscow summit
-
COPs 'bunch of baloney' says Panama as it vies to host nature summit
-
Local ceasefire in Russia-occupied Ukrainian city holds for second day
Infantino defends World Cup ticket prices
FIFA president Gianni Infantino on Tuesday defended World Cup ticket prices, insisting that football's global governing body was obliged to take advantage of US laws that allow tickets to be resold for thousands of dollars above face value.
FIFA has faced searing criticism over the cost of World Cup tickets, with fan organization Football Supporters Europe (FSE) branding the pricing structure "extortionate" and a "monumental betrayal".
FSE filed a lawsuit with the European Commission in March targeting FIFA over "excessive ticket prices" for the tournament.
FIFA's own World Cup resale website, FIFA Marketplace, last week advertised four tickets to the July 19 final in New York at a cost of more than $2 million each.
Speaking at the Milken Institute Global Conference in Beverly Hills, Infantino said the eye-watering prices reflected demand to watch the World Cup.
"If some people put on the resale market, some tickets for the final at $2 million, number one it doesn't mean that the tickets cost $2 million," Infantino said.
"And number two it doesn't mean that somebody will buy these tickets," Infantino said. "And if somebody buys a ticket for the final for $2 million I will personally bring him a hot dog and a Coke to make sure that he has a great experience."
Fan groups have contrasted the difference in price of tickets for this summer with the Qatar World Cup in 2022.
The most expensive ticket for the final in 2022 was around $1,600 at face value, while in 2026 the most expensive ticket for the final is about $11,000 at its original price.
Infantino was adamant that the steep increase in face-value prices were justified.
"We have to look at the market -- we are in the market in which entertainment is the most developed in the world. So we have to apply market rates," Infantino said.
"In the US it is permitted to resell tickets as well. So if you were to sell tickets at the price which is too low, these tickets will be resold at a much higher price.
"And as a matter of fact, even though some people are saying that the ticket prices we have are high, they still end up on the resale market at an even higher price, more than double of our price."
Infantino said that FIFA received in excess of 500 million ticket requests for 2026, compared with fewer than 50 million combined for the 2018 and 2022 World Cups.
The FIFA leader added that 25 percent of tickets for the group phase were priced at under $300.
"You cannot go to watch in the US a college game, not even speaking about a top professional game of a certain level, for less than $300," Infantino said. "And this is the World Cup."
Y.Aukaiv--AMWN