Abstract
This chapter considers the role that finance plays in shaping the world's biggest football tournament, incorporating key themes including the business of FIFA, regulatory accounting frameworks and legal requirements covering the income statement and balance sheet, FIFA's finances, the Women's World Cup, the business model of hosting the FIFA World Cup and future financing of the World Cup. A more detailed overview of the statement of principles and the impact that financial regulatory frameworks have had on football can be found in a chapter on finance and accounting in football by in the Routledge Handbook of Football Business and Management. All sport organisations have a responsibility to produce financial statements: the legal requirements for which, will be determined by the nature of the company. It has introduced the concepts surrounding the finances of the FIFA World Cup, the business of FIFA and the cost of hosting a tournament to the public purse.
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