Aleksander Čeferin, the president of the Union of European Football Associations (UEFA), shared insights about the organization’s non-profit mission.
UEFA's press service quotes Čeferin as saying:
Aleksander Čeferin
UEFA is not about profit. We redistribute 97% of our net income back into football. Yes, 97%. The rest is used to cover costs and support vital sectors of our sport - women’s, youth, and futsal. And when we earn more money, we give away more money. Who else does that?
Ceferin was elected as the seventh President of UEFA on September 14, 2016. He also automatically became a vice-president of FIFA.
Notably, last year, the organization earned approximately 5.1 billion euros. TV rights were the main source of income, amounting to nearly 3.6 billion euros, which represents a 5% increase compared to the previous year.
Moreover, the UEFA Congress supported amendments to the organization's statutes, allowing the Slovenian president to run for a fourth term.
