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Finance

UEFA Announces Revenue Rose 21% In '14-15

UEFA announced that revenue rose 21% to €2.1B in '14-15, according to the AP. It is the "first time UEFA has generated more" than €2B ($2.2B) in a year without a European Championship. UEFA's continuing financial status comes as General Secretary Gianni Infantino "campaigns to be elected FIFA president on Friday." More than 80% of UEFA's revenue "comes from broadcasters," which paid €1.69B ($2.4B) to screen matches, including the Champions League and Euro 2016 qualifiers. UEFA has cash reserves of €530.7M ($741.7M). UEFA said that "the weak euro against the positive dollar has a positive impact" (AP, 2/25).

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