Fifa to give $1bn as Europe nears Club World Cup deal
Briefly

Fifa is negotiating with the European Club Association (ECA) to allocate more than $1 billion in revenue to the 32 clubs participating in the Club World Cup, the largest financial distribution for a club football tournament to date. The tournament, set in the United States from June 14 to July 13, will feature a participation fee and performance incentives for the teams involved. Solidarity payments for non-participating clubs are also being discussed, with potential benefits extending to clubs worldwide. The ECA looks to secure a higher share than other regions due to their clubs' significance.
Fifa and the European Club Association are finalizing a deal that will distribute over $1bn in revenue to clubs participating in the upcoming Club World Cup.
The inaugural Club World Cup is set for June 14 to July 13 in the United States, featuring a larger revenue pool due to a recent TV deal.
Negotiations are underway to implement substantial solidarity payments to non-participating clubs, which will also extend to clubs in Africa, Asia, and the Americas.
The European Club Association is expected to secure a larger revenue share than other continents, emphasizing the significance of their clubs in the competition.
Read at www.bbc.com
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