Concept

FIFA

Summary
The Fédération Internationale de football association; abbreviated as FIFA and pronounced in English as ˈfiːfə) is the international governing body of association football, beach soccer, and futsal. It was founded in 1904 to oversee international competition among the national associations of Belgium, Denmark, France, Germany, the Netherlands, Spain, Sweden and Switzerland. Headquartered in Zürich, Switzerland, its membership now comprises 211 national associations. These national associations must each also be members of one of the six regional confederations into which the world is divided: CAF (Africa), AFC (Asia and Australia), UEFA (Europe), CONCACAF (North & Central America and the Caribbean), OFC (Oceania) and CONMEBOL (South America). It is most notable for the FIFA World Cup, held every four years. FIFA outlines several objectives in the organizational Statutes, including growing association football internationally, providing efforts to ensure it is accessible to everyone, and advocating for integrity and fair play. It is responsible for the organization and promotion of association football's major international tournaments, notably the World Cup which commenced in 1930, and the Women's World Cup which began in 1991. Although FIFA does not solely set the laws of the game, that being the responsibility of the International Football Association Board of which FIFA is a member, it applies and enforces the rules across all FIFA competitions. All FIFA tournaments generate revenue from sponsorships; in 2022, FIFA had revenues of over US 5.8billion,endingthe20192022cyclewithanetpositiveofUS5.8 billion, ending the 2019–2022 cycle with a net positive of US1.2 billion, and had cash reserves of over US$3.9 billion. Reports by investigative journalists have linked FIFA leadership with corruption, bribery, and vote-rigging related to the election of FIFA president Sepp Blatter and the organization's decision to award the 2018 and 2022 World Cups to Russia and Qatar, respectively. These allegations led to the indictments of nine high-ranking FIFA officials and five corporate executives by the U.
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