FIFA has announced that the winner of the expanded Club World Cup in the United States will earn up to $125 million. The tournament, running from June 14 to July 13, features a total prize fund of $1 billion. The money is divided so that each of the 32 participating teams receives a share of a $525 million participation pot, with an additional $475 million distributed according to team performance.
European clubs can earn between $12.81 million and $38.19 million while teams from South America receive $15.21 million. Clubs from North and Central America, the Caribbean, Asia, and Africa will each get $9.55 million. Oceania’s representative, Auckland City, will earn $3.58 million. FIFA President Gianni Infantino praised this model as the largest prize pool to date, announcing a $250 million solidarity program for global football development.
- Key Highlights:
- The prize fund for the Club World Cup is $1 billion, the biggest ever for such an event.
- The championship prize could reach $125 million.
- A $250 million solidarity program is introduced to foster football advancement.
Nigeria News readers might wonder how this model impacts Nigerian clubs’ potential earnings if they qualify for future tournaments. How do you think the expanded prize money will alter the global club football dynamics? Share your thoughts below!
For more information, check the original source: BusinessDay
