The officiating body of football in the world, FIFA has confirmed contributions for participants at the upcoming 2018 FIFA World Cup in Germany. The decision was taken and announced after the FIFA Council meeting held on 27 October 2017 in Kolkata on the eve of the final of FIFA U-17 World Cup. The total contributions for various operations and prizes for the participants of the 2018 FIFA World Cup have now amounted to a massive USD 791 million. This is almost 40 percent higher than what the contribution was for in 2014 edition held in the South American nation of Brazil. The biggest share of the contribution would go as prize money to the participating countries. An estimated USD 400 million will be awarded as prize money to the 32 participating teams depending on their success in the stages of the tournament.
The winner of the tournament will receive USD 38 million as prize money along with the FIFA World Cup trophy. The runners-up would take home USD 28 million while the third-placed team would receive USD 24 million. The losing semi-finalists will take home USD 22 million. The teams that make it to the last 8 or quarterfinals, will take home USD 16 million. The teams in the last 16 will receive USD 12 million. The teams that will make it to the round of 32 will be given USD 8 million each. The prize to each team will be paid after the conclusion of the final tournament.
In addition, to the allocated prize money, each qualified team will also receive USD 1.5 million. This money would be given to the team for preparing for the tournament in Russia next year. In a nutshell, each team will be guaranteed at least USD 9.5 million just by qualifying for the tournament. So the 2018 edition in Russia will be most awarding World Cup ever. Apart from the prize money to the teams, FIFA has already sanctioned the USD 209 million towards the Club Benefit Programme. This amount will be paid by the member associations to the professional clubs whose players will be on national duty at the 2018 FIFA World Cup. The players in the participating teams play for some of the top football clubs in the world. To end it, FIFA has kept USD 134 million as Club Protection Programme compensation for losses incurred by Clubs if their player gets injured on national duty during the 2018 FIFA World Cup in Russia.
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