Euro 2024: Football is big business | DW News

Euro 2024 is a lucrative business for UEFA, which expects profits of around €1.7 billion ($1.8 billion) — tax-free. Meanwhile, German taxpayers are shelling out millions for the festivities, all in the hope that tourists will bring enough business to make it worthwhile.

Follow DW on social media:

#Euro2024 #economy #business

[Mulvers]

UEFA and FIFA not paying tax is scandalous

[thewellsofwisdom]

So, what does uefa do with the profits? Someone educate me please!

[yannick]

@DW NEWS

Why do I have to watch commercials before the clip? Deutsche Welle is state TV and funded by taxes.

You don't have to watch commercials at public (öffentlich-rechtliche) YouTube channels, by ARD or ZDF!

[grrr]

Next time I come to this earth, I gonna do anything that relates to football and its business

[Mysterious_Person.]

Let's go France 🇫🇷, This time, We will win the trophy.

[kumarsaurabhsingh]

UEFA is not paying the taxes. Is this beneficial for the German government?

[matthewbaynham]

There is no way that this is good financially for Germany. Those estimates for numbers of tourists are just pure fantasy.

[vladnickul]

LOL millions of tourists for football? when all the stadiums combines have a capacity of what at most 200.000 people