00:03Would you pay more than $30,000 for a ticket to the World Cup Final in New Jersey?
00:08A Category 1 ticket, the most expensive general admission, cost $8,680,
00:14before rising to $10,990 by April and then to $32,970 in May.
00:21Following a wave of criticism, FIFA offered National Federations more than 130,000 tickets
00:27priced at $60 for regular supporters.
00:30FIFA President Gianni Infantino has described this year's prices as justified by US market rates.
00:36He also said that the average ticket, costing less than $500,
00:40is comparable to other major playoffs in the US.
00:43But experts say otherwise.
00:45With the World Cup, what you have is an international competition
00:48that isn't taking place annually, it's taking place every four years,
00:53and obviously it involves national teams.
00:55Maybe sometime in July, Infantino will be able to say this was the average price.
01:01But until then, we can't really say that because of market demand.
01:06And while Infantino's comparison may hold for some resale markets,
01:09it doesn't for officially listed prices, which are often cheaper,
01:13according to the Associated Press.
01:15Infantino also said that higher listed prices prevent ticket resellers
01:19from pocketing huge differences.
01:21But consumer groups have contested this.
01:23These high prices don't prevent resale.
01:26We're seeing it now.
01:27We're seeing tickets being sold at over something like €2 million.
01:31What FIFA have done is introduced a 15% fee for the buyer and the seller of the ticket.
01:37So from every ticket that's resold, FIFA take another 30% back.
01:41FIFA is right that some major US sporting events command high ticket prices.
01:46However, experts say Infantino's comparison is misleading
01:50as it compares a once-every-four-year global event with US domestic playoffs.
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