{"id":591515,"date":"2026-04-09T02:02:23","date_gmt":"2026-04-09T02:02:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/591515\/"},"modified":"2026-04-09T02:02:23","modified_gmt":"2026-04-09T02:02:23","slug":"canada-soccer-forecasts-smaller-than-expected-deficit-in-2025-and-surplus-of-6-5-million-in-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/591515\/","title":{"rendered":"Canada Soccer forecasts smaller-than-expected deficit in 2025 and surplus of $6.5-million in 2026"},"content":{"rendered":"<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/7F4JOWNXNBBRZLUF7DJM4QRKEQ.JPG?auth=ea09a884eb9d601ae5fe2c3b439b0f52a9b97844973a9422c6b411f6a210025e&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"0\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">Canada Soccer CEO Kevin Blue, seen here at an event unveiling Canada\u2019s 2026 World Cup jerseys in Toronto last month, plans to spread the influx of money it will receive through co-hosting this year&#8217;s World Cup out into less fruitful years in the future.Sammy Kogan\/The Canadian Press<\/p>\n<p class=\"c-article-body__text text-pr-5\">Canada Soccer\u2019s bottom line is headed in the right direction.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The governing body reports a smaller-than-expected deficit of $1,438,032 in 2025 and is forecasting a surplus of $6,555,000 in 2026.<\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cThanks to the work of many people over several years, we have the federation in a stable and positive position,\u201d Canada Soccer CEO Kevin Blue said in an interview.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Success at this summer\u2019s World Cup will only help the finances.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The 2026 surplus is due to the fact that World Cup years generate higher revenue \u2013 albeit with higher expenses \u2013 plus continued growth in philanthropic support through the Canada Soccer Foundation.<\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/sports\/soccer\/article-fifa-world-cup-canada-prepares\/\" rel=\"nofollow noopener\" target=\"_blank\">FIFA World Cup machine keeps rolling no matter what<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">Revenue via philanthropy was $5,179,358 in 2025, compared to $1,702,825 in 2024. It should continue to rise in 2026 with both repeat and new gifts.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Philanthropy helped reduce the 2025 deficit by $921,562 from the forecast shortfall of $2,404,594. The 2024 deficit was $3,996,362.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Revenue for 2026 is forecast at $62-million against expected expenses of $55.4-million. That\u2019s up from revenue of $40,244,160 in 2025 and $37,261,405 in 2024.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Expenses were $42,134,346 in 2025 and $41,117,239 in \u201824. <\/p>\n<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/DTF7KYLHZ5DDJP4ERQIQERGGGM.jpg?auth=c23b89f1f31772b84fd27a89f4eebaa15f9fb8c43ba10ebca329a703d5884f8e&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">Toronto&#8217;s BMO Field is going through a significant seating expansion to accommodate the games it will host at this year&#8217;s World Cup.Eduardo Lima\/The Canadian Press<\/p>\n<p class=\"c-article-body__text text-pr-5\">But Blue cautioned that four-year cycles can produce different annual financial pictures. There are more opportunities available in a World Cup year and Canada Soccer plans to use the expected 2026 surplus to help even out the financial road in less fertile years. <\/p>\n<p class=\"c-article-body__text text-pr-5\">The 2026 ledger includes World Cup prize money. Canada is guaranteed at least US$10.5-million from the tournament, with all teams receiving US$1.5-million in preparation money with another US$9-million going to teams that don\u2019t exit the group stage.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The purse grows as teams progress through the tournament, with the champion walking away with US$50-million. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Some of that prize money will go to the players, however. Under their newly ratified labour agreement, the Canadian men will receive $25,000 for each of the three group stage games. <\/p>\n<p class=\"c-article-body__text text-pr-5\">That translates into $1.95-million in player payments during the group stage.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Should the team reach the knockout stages, 50 per cent of additional prize money would be split between the men\u2019s and women\u2019s teams (providing the women make the 2027 World Cup) with the other half going to Canada Soccer.<\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/sports\/article-canada-wont-underestimate-tough-bosnia-and-herzegovina-in-world-cup\/\" rel=\"nofollow noopener\" target=\"_blank\">Canada won\u2019t underestimate \u2018tough\u2019 Bosnia and Herzegovina in World Cup opener<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">Prize money from the knockout round of the 2027 World Cup will be split in similar fashion, with the women also getting $25,000 per group stage outing.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The 2026 figures do not include any legacy money from co-hosting the World Cup. That money \u2013 the exact amount is not yet known \u2013 is being earmarked for a national training centre.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Other pluses are Canada Soccer\u2019s revamped agreement with Canadian Soccer Media &amp; Entertainment (CSME) and ratification of long-awaited labour agreements with the men\u2019s and women\u2019s national teams.<\/p>\n<p class=\"c-article-body__text text-pr-5\">According to the 2025 financial statement, Canada Soccer received $3.9-million from CSME last year under the old deal. While the new agreement kicked in Jan. 1, it is structured to provide higher returns in future years.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Canada Soccer continues to help both the Canadian Premier League and Northern Super League. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Under an agreement that started in January 2019 and runs through December 2027, it has provided an annual contribution of $1-million to the domestic men\u2019s pro league.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Its deal with the NSL calls for total funding of $9-million from May 2025 to December 2033. The women\u2019s league also received $1-million from Canada Soccer in 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: Canada Soccer CEO Kevin Blue, seen here at an event unveiling Canada\u2019s 2026&hellip;\n","protected":false},"author":2,"featured_media":591516,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[440],"tags":[901,888,902,879,877,903,49,48,876,895,896,891,878,875,46,549,295,894,887,914,880,881,893,889,890,884,904,885,909,910,912,907,911,905,908,882,898,899,714,897,906,561,82,865,61,900,892,886,883,913],"class_list":["post-591515","post","type-post","status-publish","format-standard","has-post-thumbnail","category-soccer","tag-alberta","tag-arts-news","tag-bc","tag-breaking-news","tag-breaking-news-video","tag-british-columbia","tag-ca","tag-canada","tag-canada-news","tag-canada-sports","tag-canada-sports-news","tag-canada-trafficcanada-weather","tag-canadian-breaking-news","tag-canadian-news","tag-economy","tag-education","tag-environment","tag-federal-government","tag-foreign-news","tag-globe-and-mail","tag-globe-and-mail-breaking-news","tag-globe-and-mail-canada-news","tag-government","tag-life-news","tag-lifestyle","tag-local-news","tag-manitoba","tag-national-news","tag-new-brunswick","tag-newfoundland-and-labrador","tag-northwest-territories","tag-nova-scotia","tag-nunavut","tag-ontario","tag-pei","tag-photos","tag-political-news","tag-political-opinion","tag-politics","tag-politics-news","tag-quebec","tag-soccer","tag-sports","tag-sports-news","tag-technology","tag-travel","tag-trudeau","tag-us-news","tag-world-news","tag-yukon"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/591515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=591515"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/591515\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/591516"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=591515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=591515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=591515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}