No World Cup, no windfall: The financial fallout across North and Central America and the Caribbean

By FootballCapitalist Editorial Desk

The World Cup is a once-in-a-cycle economic accelerant. FIFA’s joint analysis with the WTO projects the 2025 Club World Cup and the 2026 World Cup will add a combined $62 billion to global GDP, with 290,000 jobs created in the U.S. alone—numbers that underline how costly it is to be on the outside looking in. For Costa Rica, Honduras, and Trinidad & Tobago, missing the tournament is not just a sporting setback; it’s a shock to advertising markets, tourism receipts, sponsorship, and the game’s informal economy. In a region where football is a commercial engine and a cultural export, the hit is measurable—and painful.

Headline numbers and why they matter

The macro story is simple: the World Cup drives consumption and capital flows. That ranges from broadcast ad spend to remittance-fueled retail demand and match-day hospitality. When national teams fail to qualify, the revenue stack collapses—rights value softens, sponsors re-price, and informal economies stall. For Costa Rica, independent estimates peg the total loss from non-qualification at $85–$120 million, including a direct $14–$25 million gap in FIFA distributions foregone by not reaching the finals. Local coverage has echoed a roughly $100 million “bill” from watching the World Cup from home—capturing lost federation funding, commercial partnerships, and event-driven domestic demand.

Tip: Treat “qualification value” like contingent revenue. When teams exit, downstream contracts tied to tournament visibility—broadcast ad packages, national team activations, merchandise runs—get repriced or canceled.

Country-level breakdowns

Costa Rica: Commercial contraction at scale

  • Broadcast and ad revenue: Without “La Sele” at the finals, national broadcasters face lower ratings, shrinking prime-time ad loads and CPMs for World Cup inventory. Losses cascade to sponsors who planned in-stadium activations and TV integrations linked to national team airtime.
  • FIFA distributions: Missing out means forfeiting $14–$25 million in direct tournament payments—funds typically ring-fenced for programs, staffing, and infrastructure across the federation.
  • Tourism, hospitality, and retail: Match-day spending spikes (bars, restaurants, hotels, convenience retail) fail to materialize, compressing seasonal takings and VAT. Independent tallies place the aggregate national hit at $85–$120 million, reinforcing the multi-channel nature of the shortfall.
  • Soft power and sponsorship: With reduced global exposure, national campaigns tied to football lose reach, diluting tourism branding and corporate ROI. The missed spotlight compounds the direct financials with reputational opportunity cost.

Honduras: Diaspora demand and sponsorship drop-off

  • Diaspora-linked spending: Qualification typically catalyzes remittance-fueled consumption—home improvements, electronics, hospitality—timed around national fixtures. Without the team on the global stage, that cyclical demand softens, reducing retail throughput and tax receipts.
  • Broadcast rights repricing: Ratings erosion when Honduras is absent lowers advertising yield, and some sponsor commitments tiered to participation may be curtailed or renegotiated.
  • Merchandise and informal market: Jerseys, flags, and street-side fan gear are highly sensitive to qualification. Non-participation crimps cash flows to small traders and vendors clustered around viewing venues.

Trinidad & Tobago: Legacy value, lost again

  • Event economy and betting: World Cup cycles typically lift entertainment venues, sports bars, and regional betting turnover when national interest is high. Without the Soca Warriors at the finals, discretionary spend shifts away from live-viewing hubs and local bookmaker activity cools.
  • Sponsorship and brand partnerships: Historical precedent from 2006 shows how qualification unlocks national and regional deals; missing out erodes activation value and compresses marketing budgets tied to football-led campaigns.

Estimated financial impacts by country

CountryEstimated total impactKey driversFIFA distributions foregoneSecondary effects
Costa Rica$85–$120 millionBroadcast/ad, hospitality, retail, sponsorship$14–$25 millionTourism branding, federation programs
Honduras$30–$60 million (indicative)Diaspora retail, ad repricing, merchandiseN/A (depends on qualification stage)Informal vendors, venue revenues
Trinidad & Tobago$20–$40 million (indicative)Entertainment/betting, sponsorshipN/A (depends on qualification stage)Event economy, local marketing ROI

The broadcast and sponsorship cascade

  • Rights value compression: Advertisers pay premiums when national teams qualify. Once eliminated, broadcasters face lower sell-through, reduced CPMs, and diminished inventory value. Sponsors tied to the team—kits, training camps, co-branded promotions—lose guaranteed exposure, triggering renegotiations, make-goods, or cancellations.
  • Digital viewership drag: National interest fuels streaming peaks and upsells. Without local participation, platforms see shorter session lengths and weaker conversion to premium packages—undercutting performance-linked ad deals.
  • Federation liquidity: FIFA distributions are countercyclical support for football ecosystems. Losing $14–$25 million in direct payments (Costa Rica’s case) constrains youth development, staffing, facilities, and women’s football allocations.

Tourism, hospitality, and the informal economy

  • Match-day multipliers vanish: Footfall across hospitality corridors declines sharply without national fixtures to mobilize fanbases. That suppresses seasonal revenues and tax take, affecting small bars and independent venues most.
  • Merchandise whiplash: Retailers and informal vendors bear inventory risk. Non-qualification collapses demand for national team merchandise, leaving unsold stock and cash-flow gaps for micro-entrepreneurs.
  • Event-led branding loss: Nations use World Cup visibility to amplify tourism campaigns. Absent qualification, the halo effect disappears—reducing future visitor intent and ROI of destination marketing spend.

Strategic response: How to plug the hole

  • Reprice and diversify media packages: Build performance buffers into broadcast and sponsorship contracts (tiered exposure clauses, digital make-goods) to protect revenue when qualification fails.
  • Diaspora commerce accelerators: Target diaspora audiences with time-bound campaigns during the tournament—payments discounts, co-branded retail bundles, and venue partnerships—to recapture spend without on-pitch representation.
  • Federation financing and governance: Replace lost FIFA funds with blended finance—corporate-backed youth academies, facility naming rights, and transparent program KPIs—to keep development pipelines intact.
  • Data-led tourism: Pivot to real-time content and player-driven narratives to maintain destination visibility during the World Cup window, even without national fixtures.

Bottom line

The World Cup’s $62 billion global tailwind sharpens the sting of exclusion. For Costa Rica, Honduras, and Trinidad & Tobago, the financial damage runs through broadcast markets, sponsorship, hospitality, merchandise, and federation budgets. If football is the region’s commercial rhythm, missing the tournament is a syncopation that shows up in P&Ls, tax receipts, and future growth. The cure isn’t hope—it’s hedging: stronger youth pipelines, smarter contracts, diaspora-first commerce, and governance that can withstand a cycle without the world’s biggest stage.