Peter Edema, Lagos Federation International de Football Association (FIFA) released its 2015 financial report on Friday recording a $122 million (84 million/'108 million) loss, the first time the body will record a loss since 2002. FIFA attributed the loss to an increased budget for development expenses and higher competition costs, as well as 'unforeseen costs ...The post FIFA Records First Loss Since 2002 appeared first on Independent Newspapers Limited.
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