Pablo Torre

hospitality pricing, the secondary market, ticket resales, where FIFA is taking 15% from the buyer and the seller.

I would say gross overestimation is the thing we're all trying to avoid.

So all of this is to say that FIFA, in response to your reporting, in response to this folder full of documents, what do they say?

And so there is one last document in your folder, which I want to read from because this one acknowledges a bunch of what you just said in writing.

And this one is dated November 17th, 2025.

It's to the CEO of the U.S.

Soccer Federation.

And I just want to read through what some of this says because it's signed by a bunch of U.S.

host cities here.

seven actual World Cup, Men's World Cup host cities for this summer, and then 21 potential U.S.

host cities for the 2031 Women's World Cup, which is very interesting because what this whole document, the highlighted part we want to read here, is suggesting is that, quote, as you are aware, many U.S.

host cities are currently working through significant changes

operational, financial, and contractual challenges stemming from the terms of the existing FIFA World Cup 26 hosting arrangements.

And so this acknowledges the complexity and the frustration that has been conveyed through numbers and through your reporting.

And what was the response when U.S.

soccer received this letter?

They say that we are firmly committed to delivering a successful FIFA Women's World Cup of the United States, one that is financially responsible, operationally feasible, and positioned to create lasting legacy benefits.

I mean, it's acknowledging the very thing that, of course, seems far harder to accomplish.

This is, I should say, not only a great exhibit in journalism, but it is also a great exhibit in what it means to be American, Adam Crafton.

And if you want to stick around here on behalf of America and also, and I will demand this, New York slash New Jersey, I do think I also should probably apologize on some level because this has been probably all harder than it should have been.