Compound Interest from Semafor Business

Is the World Cup a raw deal for host cities? FIFA’s New York frontman disagrees.

July 7, 2026·47 min
Episode Description from the Publisher

The World Cup prints money — an estimated $10 billion this year. FIFA keeps almost all of it. The business case for the host cities shouldering much of the costs, however, isn’t so clear. New York-New Jersey Host Committee CEO Alex Lasry joins Liz and Rohan this week to break down what’s really in it for New York (and, ahem, New Jersey), why he thinks you can’t put a price on the opportunity, and the hypothetical logistical nightmare that keeps him up at night. He also reflects on his family’s time owning the Milwaukee Bucks to make the case for public funding of stadiums, and argues that more sports owners should prioritize the fan experience over the bottom line. Sign up to get the Semafor Business briefing in your inbox. This season of Compound Interest is in partnership with Amazon Business. Amazon Business is a trusted partner that transforms business buying by combining Amazon's vast selection, competitive pricing, and fast delivery with added tools and insights to help businesses simplify purchasing, manage spend, and buy smarter. Image Credit: Reuters/Kai Pfaffenbach/Shannon Stapleton/Bob Donnan-Imagn Images Learn more about your ad choices. Visit megaphone.fm/adchoices

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