Currency Converter

Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).


SBD Global/November 13, 2013/Finance

FIFA-Backed Study Shows Value Of Int'l Sports Organizations To Swiss Economy

FIFA-backed research said that int'l sports organizations were worth 1.46B Swiss francs ($1.59B) and "accounted for 8,040 jobs in Switzerland's economy" in '11, according to the AP. FIFA Communications Dir Walter De Gregorio said that "the study, involving 67 sports bodies based in Switzerland, fulfilled a 'responsibility to contribute with facts and figures to relevant public policy discussions.'" The figures "covered employment, meetings and conferences, according to research commissioned by FIFA from Zurich-based consultants Rütter + Partner." The study said that sports bodies generated tax revenues for Switzerland of 128M Swiss francs ($140M), "directly from salaries and profits and indirectly from spending" (AP, 11/12).

The complete study of Rütter + Partner. (English) (German) (French)
Return to top

Related Topics:

Finance, Europe

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug