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Hosting 1994 World Cup sparked soccer financial change, Joe Weisenthal notes

Hosting 1994 World Cup sparked soccer financial change, Joe Weisenthal notes
1994 World Cup transformed U.S. soccer finance

Joe Weisenthal, executive editor of news for Bloomberg Digital at Bloomberg L.P., highlights the impact of the 1994 World Cup on soccer's business landscape in the U.S.

He discusses with Tracy Alloway and Joseph D'Urso how hosting the tournament led to permanent changes in the sport's financialization and commercialization.

Weisenthal has previously covered major shifts in global wealth. He reported that $366 billion was added to the wealth of the world’s 500 richest people in the largest single-day increase ever, according to one of his recent articles. In a separate report, Weisenthal suggested the SpaceX IPO could attract strong retail participation despite potential risks.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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