FIFA increases World Cup prize to $400m

FIFA has increased the prize money for teams participating at the FIFA World Cup in Russia to $400 million.

The figure is a 12% increase from the $380 million paid in 2014 in Brazil. FIFA made the announcement after its Council meeting in Kolkata, India, where the FIFA U-17 World Cup is currently taking place.

The meeting in Kolkata covered a wide array of topics including the adoption of the FIFA Transfer System for Women’s football.

The FIFA Council also ratified the decision of the Bureau of the Council of 6 September 2017 to approve the enhanced Bidding Regulations for the 2026 FIFA World Cup™, and appointed the members of the Bid Evaluation Task Force.

UCJ, UNILORIN.