25.9 C
Accra
Monday, December 23, 2024
SportsFIFA President to receive more than $1.5 million, excluding basic pay

Date:

FIFA President to receive more than $1.5 million, excluding basic pay

Gianni Infantino, the president of FIFA, will have a total remuneration of CHF 3.6 million ($3.9 million/£3.2 million/€3.6 million) in 2022.

The Swiss official will be paid a gross remuneration (base) of CHF1.9 million (£1.7 million, $2.0 million, or €1.9 million), according to the governing body’s 2022 Annual Report.

The 52-year-old will receive a CHF24,000 (£21,589/$26,031/€24299 flat-rate allowance in addition to a gross salary (variable) of CHF1.6 million (£1.4 million/$1.7 million/€1.6 million).

In comparison with the last World Cup year in 2018, Infantino’s gross salary (variable) has increased by more than $1 million.

After Russia 2018, the FIFA boss received a gross salary (variable) of $555,000 (£460,650/€518,580).

Meanwhile, the global football governing body’s secretary general Fatma Samoura is set to pocket CHF1.3 million (£1.1 million/$1.4 million/€1.3 million) as gross salary (base), CHF600,000 (£539,250/$649,424/€607,042) as gross salary (variable) and CHF24,000 as part of the flat-rate allowance.

Samoura’s variable salary when the World Cup was held in Russia four years ago was $195,000 (£162,390/€182,375).

FIFA also published the salaries of Council members and management, who will be getting a total of $31.9 million (£26.5 million/€29.8 million), including pension contributions.

The FIFA Council senior vice-president and vice-presidents, including confederation Presidents, each receive a net annual compensation of $300,000 (£249,426/€280,959) and a daily allowance of $250 (£207/€233) while on duty.

The FIFA Annual Report 2022 published yesterday (February 14) claims a record-breaking revenue of $7.6 billion (£6.3 billion/€7.1 billion) during the 2019-2022 cycle and expects $11 billion (£9.1 billion/€10.2 billion) for 2023.

[forminator_poll id="710479"]

Latest stories

U.S. Financial Analyst labels Akufo-Addo as Ghana’s worst, corrupt leader

Renowned U.S. financial analyst Scott Bolshevik has sparked a...

Lead-based paints cause lasting health damage – EPA

The Environmental Protection Agency (EPA) has voiced concerns over...

Upper West Region receives 35,600 condoms in effort to curb HIV spread

The Ghana AIDS Commission distributed 35,600 condoms in the...

Star Oil commemorates 25th anniversary

Star Oil, a privately-run fuel retail company, has reaffirmed...

Govt has not issued financial clearance for new expenses – Govt’s transition team

The Government Transition Team clarified that no financial clearance...

‘Your career has not come to an end when you leave a record label’ – Sefa

Ghanaian musician Sefadzi Abena Amesu, popularly known as Sefa,...

More than 12,000 Ghanaians were deported globally in last four years – GIS

The Ghana Immigration Service (GIS) has reported that over...

Related stories

GFA reportedly planning a dissolution of the entire Black Stars backroom staff

Ghanaian football legends John Paintsil and Fatau Dauda are...

Mikel Arteta defends substituting Martin Ødegaard in Arsenal draw

Mikel Arteta has explained his decision to substitute Arsenal...

Mbappe no longer with transgender girlfriend; he said he is single

Real Madrid star Kylian Mbappe has reportedly ended his...

Saudi Arabia confirmed as 2034 World Cup hosts – FIFA confirms

FIFA has announced that Saudi Arabia will host the...

Kwasi Appiah hesitant to confirm interest in Black Stars coaching role

Former Black Stars head coach James Kwasi Appiah Kwasi...

Pep Guardiola has no plans of managing any other club after Man City

Manager of Manchester City, Pep Guardiola, has shared his...