Friday, June 12, 2026

'Buy a ticket for 60 bucks and resell it for $6,000': NYC Mayor Mamdani criticized FIFA's resale market, but his jersey drop created the same thing | Fortune

The New York City mayor has been very vocal about FIFA's resale market and how ordinary, working class New Yorkers were priced out of a limited supply.

  • New York City Mayor Mamdani criticized FIFA's high ticket prices and resale market, advocating for accessibility for working-class New Yorkers.
  • However, the city's own release of limited-edition World Cup jerseys faced similar issues, with high demand leading to rapid sell-outs and significant markups on the resale market.
  • This situation highlights the challenges of managing scarcity and demand, even when attempting to provide affordable access to desirable items.

Topics: Asset types, Scalability, Institutional adoption, Alternative assets, Market depth liquidity, Asset manager initiatives

Tags: #fifa #resalemarket #newyorkcity #jerseys #scalping #limitedsupply #ticketprices #mayormamdani #workingclass #speculators

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