Monday, August 17, 2020
World Cup woes
World Cup troubles World Cup troubles It's not exactly seven days after the Satyam adventure started unfurling, and right now we're discovering some entirely significant potential implications that stretch as long as five years into what's to come. CNBC SportsBiz blogger Darren Rovell reports that the organization had marked on as the official IT supporter of soccer's quadrennial occasion, the FIFA World Cup - an arrangement that currently appears in not a little peril of self-destructing. Rovell noticed that the organization had struck an arrangement to support both the 2010 competition in South Africa (an occasion previously buried in enough debasement and debate of its own) and the 2014 occasion in Brazil. With sponsorship bargains going at around $90 million for each competition, it's hard to perceive some other IT firm taking care of business with a comparative arrangement in this monetary atmosphere, leaving a considerable opening in the financial plan of one of the most-viewed games on the planet. Theory that impl ies the people at FIFA should cross their fingers and trust in additional deals of stuffed Zakumi dolls, the competition's legitimate mascot. - Posted by Phil Stott
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