FIFA World Cup 2018 Prize Money (Record 40% Increase Confirmed by FIFA)
Selasa, 24 Juli 2018
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FIFA has announced the 2018 FIFA World Cup prize money pool where
they have allocated record $791 million for prize money, payments to
clubs and player insurance fee. $400 million will be purely awarded to
32 national federations according to how they finish in the tournament
where eventual FIFA World Cup 2018 winners will pocket $38 million.
Below is the entire breakdown of Prize money pool for 2018 World Cup.
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FIFA has announced the prize money pool for 2018 FIFA World Cup which is
set to take place in Russia. $791 million funds are allocated for total
contribution to the participants of the tournament. Thats 40% increase
in the total contribution compared to 2014 World Cup where total
contribution was $564 million. Out of $791 million allocated for 2018
World Cup $400 million will be used as prize money pool to be awarded to
32 teams according to how they finish in the tournament. While $209
million will be used for Club Benefit Programme (for clubs who release
their players for world cup). The remaining $134 million will be
insurance fee for clubs who players get injured during world cup.
FIFA World Cup 2018 Total Prize Money – $400 Million
FIFA announced 40% increase in the total prize money pool for 2018
FIFA World Cup where $400 million will be distributed among 32
federations how they finish in the tournament. $1.5 million will be
awarded to every 32 teams as participation bonus. Teams eliminated from
the group stage will pocket $8 million each. First knockout stage
losing teams will get $12 million each while quarterfinal losers get $16
million. Fourth Placed team gets $22 million, third place $24 million,
losing finalists pocket $28 million and the winners will take home as
much as $38 million.
Below table shows the difference between expected prize money
payouts in FIFA World Cup 2018 and what was paid in 2014 world cup in
Brazil.
STAGE | 2018 WC PRIZE MONEY | 2014 WC PRIZE MONEY |
Preparation Fee for 32 qualified teams | $1.5 million each | $1 million each |
Group Stage (16 eliminated teams) | $8 million each | $8 million each |
Round of 16 (8 eliminated teams) | $12 million each | $9 million each |
Quarterfinal (4 losing sides) | $16 million each | $14 million each |
Fourth Place Team | $22 million | $18 million |
Third Place Team | $24 million | $20 million |
Runners-up | $28 million | $25 million |
Winners | $38 million | $35 million |
Player Insurance fee | $134 million | $100 million |
player by player payments to parent clubs | $209 million | $170 million |
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FIFA World Cup Prize Money History:
Over the last 5 world cups FIFA has increased the prize money with
every tournament. Back in 2002 total prize money pool for World Cup was
$154 followed by $262 million in 2006 World Cup. $420 million in world
cup 2010 followed by biggest increase in 2014 world cup when FIFA handed
out $564 million in prize money, insurance and payments to clubs.
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World Cup is fifa’s flagship event and 85% of orgnizations revenue comes
from World Cup taking place every four years. FIFA announced that
depending on the revenues, they expect to increase prize money pool for
each of the next 4 world cups and here is why.
FIFA Revenue details:
FIFA made $4.8 billion during the 2014 world cup while the total
expenses were around $2.7 billion resulting in $2.1 billion profit for
FIFA.
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FIFA World cup 2014 total revenue included $2.4 billion in TV rights,
$1.5 billion in sponsorship and commercial activities around 2014 world
cup while ticket sales generated another $550 for fifa. While costs
included that $576 million in prize money & insurance payments for
clubs, another $370 million in tv production, $470 million was invested
to help organize the 2014 world cup and another $100 million was handed
to Brazilian FA as “Legacy” payment. Large portion of the remaining
profit will be invested around the world to develop football and FIFA
itself will only keep $338 million in profit.
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So its easy to see why FIFA keep hiking the prize money for world cup,
it is by far the biggest sports event in the world on almost every
possible scale so FIFA need to match the prize money with world cup
glory.
Kredit Info : https://www.totalsportek.com/football/fifa-world-cup-2018-prize-money/