USA vs Paraguay among World Cup games with unsold, exorbitant tickets
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USA vs Paraguay among World Cup games with unsold, exorbitant tickets
"Tickets for the cohosts' opening game in Los Angeles are available for prices ranging between $1,120 and $6,050. With under 40 days to go until the World Cup, tournament organisers continue to struggle with ticket sales as seats remain available for most group-stage games, albeit at exorbitant prices."
"Experts attribute dynamic pricing and greed as key factors, with fans saying they have been priced out by FIFA. FIFA is taking advantage of the unique commercial opportunities in the US, dynamic pricing and the secondary market being legal here, to make money."
"FIFA taking a 30 percent cut of dynamic pricing is outrageous, the former Liverpool chief executive said. Infantino has said [he expects] FIFA revenues from the World Cup to exceed] $11bn."
Ticket prices for the World Cup in Los Angeles range from $1,120 to $6,050, with many seats still available for group-stage games. The USA's opener against Paraguay has tickets priced around $2,000. FIFA's last-minute ticket sales have not improved stagnant sales, contradicting claims of high demand. Experts cite dynamic pricing and greed as reasons for fans feeling priced out. FIFA's 30 percent cut from dynamic pricing has drawn criticism, with expectations of revenues exceeding $11 billion from the tournament.
Read at www.aljazeera.com
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