FIFA World Cup is almost upon us and today we are going to take a look at what makes it the highest paying competition in the world. FIFA World Cup will be taking place in Brazil which is one of world’s fastest growing economies plus the craze of football their is massive. Tickets sale has been more than what expected and TV broadcasting right will be bringing in huge money. So lets take a a look how much each of the 32 teams will be taking home according to where they finish.
FIFA World Cup Prize Money Fund:
The 2014 WC prize money for the 32 teams has been increase to massive $576 million which is £352.25m and that is alot more than what the teams were fighting for back in 2010. Total prize money in 2010 world cup was around $420 Million (£256.85m). Apart from the actual prize money FIFA will also be handing out
|Stage||Teams||Prize money ($)||Prize Money (£)|
|Group Stage eliminated teams||16||$8m||£4.89m|
|Round of 16 losers||8||$9m||£5.5m|
|3rd Place Playoff Loser||1||$18m||£11.90|
|3rd Place Playoff Winner||1||$20m||£13.45m|
|2nd Placed (runner – ups)||1||$25m||£15.29m|
|World Cup Winners||1||$35m||£21.4m|
|Total Prize Money Fund||32||$576 Million||£352 Million|
Apart from the above money FIFA will also be have $190 million payments for some other issues and those include players insurance money, payments to clubs and money to Brazilian FA.
|Where its going||Prize money ($)||Prize Money (£)|
|Player Insurace||FIFA Protection||$100m||£62m|
|Payments to clubs||$70m||£45m|
|Money to host nation||Money for Brazlian Legacy||$20m||£12.50m|