FIFA lost â¹2,385 cr in 2016, expects â¹3,180 cr loss in 2017
FIFA has announced it suffered losses amounting to nearly Â£300 million (â¹2,385 crore) in 2016, and is expected to lose a further Â£400 million (â¹3,180 crore) in 2017. The losses arose from legal costs related to its corruption scandal, besides "ill-considered previous investments". However, FIFA expects to end 2018 with an Â£80 million profit for the period 2014-2018.