London, Europe Brief News – The World Cup champions, Argentina, will earn $42 million in prize money for their soccer federation.
However, France will get $30 million from a FIFA prize fund of $440 million.
When France won the World Cup in 2018, the country’s federation got $38 million from FIFA’s $400 million prize fund.
Not all the money goes to players, but they are expected to get a good chunk of it. France players such as Kylian Mbappé are in line to reeive a bonus of 554,000 euros ($586,000) by their federation for winning the final, French sports daily L’Equipe reported.
Every national soccer federation gets at least $9 million in prize money for playing at this year’s World Cup, plus $1.5 million for each toward costs of preparing for the tournament.
Third-place team Croatia earned $27 million in prize money. Morocco, which ended up in fourth, will receive $25 million.
FIFA’s total revenue for the past four years was $7.5 billion, with most from broadcast and sponsorship deals, plus ticket and hospitality sales.
Other teams prize
Every team in the Round of 16 will receive $13 million in prize money. The prize money in the quarterfinals will be $17 million per team. The fourth-place team, Morocco will be awarded $25 million, while the third-place team Croatia will be awarded $27 million. The prize money is, of course, distributed on top of the salaries the players receive.
Brazil, the Netherlands, Portugal, and England will each receive $17 million for reaching the quarter-finals. The United States, Senegal, Australia, Poland, Spain, Japan, Switzerland, and South Korea will each receive $13 million for reaching the round of 16. In addition, Qatar, Ecuador, Wales, Iran, Mexico, Saudi Arabia, Denmark, Tunisia, Canada, Belgium, Germany, Costa Rica, Serbia, Cameroon, Ghana, and Uruguay will each receive $9 million for their participation in the group stages.